Armenian government closes 30-year VAT debt to business community, said Armenian Prime Minister Nikol Pashinyan at the Armenian parliament on Friday.

According to him, Armenian government has allocated AMD 56 billion for this purpose, and these ‘desperate debts’ will be completely repaid soon.

“People no longer had hope, because this money was simply taken and frozen,” he said adding: “We didn’t accumulate these debts, the previous authorities did it, but we will close these debts before you.”