ArmInfo.The Armenian government does not intend to pursue a policy of gradual reduction of cash turnover in the economy, in the future - to completely switch to cashless payments. This was stated by Prime Minister Nikol Pashinyan on November 14 at a government meeting.According to the prime minister, today it can be stated that even bank cards existing on the market lose their relevance.
As Pashinyan pointed out, the modern world is moving in the direction of linking a bank card to a cell phone. "I was told the story that in the world today there are countries where even people asking for alms on the street do without cash circulation. They have an appropriate device that scans a QR code and people who give alms simply bring the phone to the device. I'm saying all this not for the fact that we should provide people asking for alms on the street with modern devices, but for understanding where the modern world is moving, "he stressed.Thus, according to the Prime Minister, Armenia should follow the path of reducing cash turnover, with a full transition to "cashless" in the future. "This is also important from the point of view of the fight against corruption, as it will ensure the maximum level of traceability of money circulation," the head of the Armenian government concluded.
David Ananyan recalled that by the decision of the government of May 2018, the CRS market was liberalized. At that time, about 4 thousand applications for new vehicles were registered with about 14.5 thousand CCA in SNCO "Office for the implementation of cash registers". But the demand significantly exceeded expectations for a number of reasons: the use of the new generation of CRs has become mandatory since January 1, 2019, many business entities have come out of the "shadow". In addition, the legislator decided that SNCOs are authorized de jure from November 1 to serve, while free of charge, only business entities operating in border regions. Today, the Office's warehouse has about 100-110 new devices with a demand of more than 10 thousand spacecraft, he said.After the start of the liberalization of the CR market, which de facto started in October 2018, a number of organizations took certain steps towards importing new vehicles. At the same time, as the chief tax specialist pointed out, there is a technical problem that needs to be addressed if there is a desire to provide importers with access to the CRS market.As the head of the QGD explained, today the legislator requires that the new generation of CRs have the function of a POS terminal. To implement this function, in turn, there is a need to coordinate work with banking institutions, which will take a long time. As a result, QGD suggests, while providing all the other requirements for the device, to give the green light to its implementation with the condition of activating the function of the POS terminal over the next 6 months. "By doing this we will allow the economic entities involved in the process to import devices as quickly as possible," Ananyan said.
There was a shortage of CRs on the market, since the use of a new generation of CRs became mandatory from January 1, 2019. Earlier, the Armenian government has repeatedly extended the terms for their implementation - initially until January 1, 2016, and then - until the beginning of 2017 and 2018. In February 2019, the government announced that it would subsidize the difference between the cost of new cash registers (CRS) equal to 158 thousand drams and its selling price of 60 thousand drams, spending about $ 5 million on these purposes. This, as announced, concerned 25 thousand tax agents for whom the availability of new generation cash registers became mandatory as of January 1, 2019 and which, due to lack of funds, cannot afford it. Already on May 10, the head of the SRC announced that due to the lack of a new generation of CRs, they will be given in order of priority to those taxpayers who have just registered and do not have CRs at all. Then, the SRC informed that the SNCO "Office for the Implementation of Cash Registers" will be able to provide new cash registers only to taxpayers engaged in actual activities in border villages and free of charge. "I officially declare that today we need 10-11 thousand new generation CRs. We have so far refrained from purchasing and have announced an open tender for the procurement of these CRs," the chief tax official said.In this regard, the SRC of Armenia decided not to fine small and medium- sized businesses that applied for new cash registers (CR), but were unable to purchase due to their absence.