Thursday, November 30 2023 19:23
Alexandr Avanesov

New program to support processing industry enterprises is launched in  Armenia - Ministry of Economy

New program to support processing industry enterprises is launched in  Armenia - Ministry of Economy

ArmInfo. Armenia is beginning to implement a new program to assist enterprises in the processing industry, which will attract additional labor. RA Minister of Economy Vahan Kerobyan announced at a press conference on November 30, adding that the decision on the program was made at today's  meeting of the Cabinet.

Pointing out the importance of the program, Kerobyan noted that when  an employer hires a person who has not previously worked in the  processing industry, the government will return the entire amount of  income tax to the company for 12 months. Within the framework of this  program, there is also a provision regarding forcibly displaced  persons from Nagorno-Karabakh, who will also be able to benefit from  the program.