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More than 7 thousand Armenian citizens received "social credits" for $1.7 mln

24.03.2025, 19:17
From January 1, 2025 to the present day, 7,185 Armenian citizens who filled out income declarations have received "social credits" totaling AMD 668 million ($1.7 million), Armenian Prime Minister Nikol Pashinyan said on social media.
More than 7 thousand Armenian citizens received "social credits" for $1.7 mln

YEREVAN, March 24. /ARKA/. From January 1, 2025 to the present day, 7,185 Armenian citizens who filled out income declarations have received "social credits" totaling AMD 668 million ($1.7 million), Armenian Prime Minister Nikol Pashinyan said on social media.

“The average size of a ‘social 'credit’' per person amounted to 93 thousand drams,” Pashinyan wrote.

The system of “social credits” envisages compensation of citizens' expenses for education and medical services by refunding a part of the income tax paid by them. The limits are set respectively at 100,000 drams for educational services and 50,000 drams for medical services per year for each working family member.

Recently, the government expanded the scope of the system to include sports, music, dance centers, rent of school textbooks, and dental services. ($1 - AMD 391.83).