Time for economic revolution, Armenia's Pashinyan tells euronews (video) January 24, 2019 - 10:18 AMT PanARMENIAN.Net - Reforms are underway in Armenia, according to Prime Minister Nikol Pashinyan. In an interview with Euronews, Pashinyan said it's time for his country to transform the "political revolution to an economic one." Pashinyan came to power in May 2018 after weeks of mass protests against corruption and cronyism. The former newspaper editor, who was jailed for stirring unrest in 2008, marked a dramatic break from the cadre of rulers who have run Armenia since the late 1990s. At Davos, Pashinyan said he wanted to reform the tax code and reduce taxes for individuals and businesses and hopes to attract foreign investment. He also wants to tackle poverty by introducing microfinance. "We will encourage our people to take measures to start some business activities and to help [them] overcome poverty which is the biggest problem," he said. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Turkey extends military presence in Azerbaijan The Turkish parliament has adopted a bill submitted by Recep Tayyip Erdogan to extend the mandate of Turkish troops. Russia to begin assessing migrant workers' speaking skills Rosobrnadzor is planning to change the Russian language exam for migrant workers and include an assessment of speaking skills Armenian, Saudi Foreign Minister meet in Riyadh The two commended the positive dynamics of the development of political dialogue between Armenia and Saudi Arabia Pashinyan: Azerbaijan’s proximity shouldn’t worry border residents At the same time, he said that he “does not guarantee [the security of villagers] one hundred percent”. |