YEREVAN. – You know that the process of VAT refunds has historically been always problematic in Armenia, and hopeless debts of hundreds of billions of drams have been accumulated. Nikol Pashinyan. Acting Prime Minister Nikol Pashinyan stated this at Thursday's Cabinet meeting of the interim government of the country.
"As of April, we have a historical minimum debt for tax refunds to the businesses; that is, according to the results of April, this debt amounted to 64.7 billion drams. Moreover, we have surpassed our own record. In August 2020, this debt was 69.4 billion drams, which was also a record. As of 2018, we had owed 276 billion drams to businesses. In three years, we have returned an amount of 200 billion drams to the businesses," Pashinyan said.