YEREVAN. – We just finished the discussion of an unprecedented economic proposal. The Prime Minister of Armenia, Nikol Pashinyan, on Saturday noted this in a Facebook post.

“Thousands of companies [in Armenia] have value-added-tax debit balances that have arisen until July 1, 2017,” he explained. “This is the money that the [Armenian] state owes to businessmen on value added tax, and it’s about 9 thousand businessmen.

“The unprecedented nature—one can say, the revolutionism—of the proposal is that we are discussing at the government the possibility of returning the debit balance of about 56 billion drams to the businessmen.

“The point of the proposal is that the businessmen invest that money—which they have long lost hope of getting back—in our economy. This is essentially a more than 100 million-[US]dollar state injection into the economy, [and] which has no precedent in the history of our country.”