Armenia is a paradise for business, said Armenian acting PM Nikol Pashinyan during his electoral speech.

"In 2018, the government owed about AMD 270 billion to business. Over these three years, we have reduced this debt to almost zero," he said.

"We promised to turn Armenia into a paradise for business, and I can say that yes, today Armenia is a paradise for business, in the sense of this system. Because there are no monopolies in Armenia, in Armenia there is no coercion by the State Revenue Committee," Pashinyan concluded.