YEREVAN, November 28. /ARKA/. Amendment of Armenia’s tax code will bring a complete tax exemption to micro businesses, Armenian Acting Prime Minister Nikol Pashinyan said Wednesday at a rally staged in Noyemberyan as part of his party’s election campaign. 

“I can’t say when exactly, since this depends on political things, but as soon as the tax code will be amended, micro businesses will enjoy a full tax exemption,” he said. 

“In other words, those businesses having annual turnover of up to AMD 20-24 million will be exempted from taxes, and such businesses are widespread especially in provinces, including Noyemberyan.” 

Pashinyan said that self-employed taxi drivers will be rid of the necessity of paying for their licenses. 

“We are doing that to promote work and working people in our country,” he said. 

Acting Prime Minister Nikol Pashinyan resigned October 16 to clear way for the dissolution of the parliament and holding early parliamentary elections. Under the Armenian Constitution, early elections are held if lawmakers fail twice within 14 days to appoint a prime minister. 

Pashinyan was elected as PM by the country's National Assembly after former president turned-prime minister Serzh Sargsyan resigned on April 23 under immense public pressure provided by weeks of nationwide protest against Sargsyan and his Republican Party. 

Nine political parties and 2 blocs will be contesting the polls. They  are My Step bloc, the Prosperous Armenia Party, the National Progress Party, the Christian-National Revival, the Sasna Tsrer All-Armenian Party, the Orinats Yerkir Party, the We  bloc, the ARF Dashnaktsutyun Party, the Bright Armenia bloc, the Republican Party of Armenia, the Social Democratic Party and the Decision of Citizen party. -0—