New prime ministers promises broad support to SMEs

YEREVAN, April 17. / ARKA /. Armenia’s newly appointed Prime Minister Hovik Abrahamyan promised today broad support of his government to investors and small and medium-sized businesses. "The desire of our future government, the president is to create favorable conditions and a favorable tax field for small and medium businesses," Abrahamyan said at a government session. He said once the new government is formed it would undertake serious steps to support investors and create more opportunities for the development of SMEs. "The government should employ all its leverages to support businesses and no government agency must create obstacles for entrepreneurs acting within the law ," he said. According to the National Center for SME Development, last year the government released 151 million drams for the support of small and medium-sized businesses. ($ 1 - 414.27 drams). -0-