Government tuned in to public concerns
A Cabinet sitting was held today, chaired by Prime Minister Hovik Abrahamyan. To begin with, the Prime Minister referred to the Income Tax Law as amended on January 1, 2015, which provides that the State shall actually refund interest on mortgage obtained for the purchase or construction of housing, reducing thereby borrowers’ financial burden. In the meantime, complaints keep coming in from citizens stating that the process is quite complicated and the applicable mechanisms are... more »