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Pashinyan: Armenia to reduce the number of cash transactions

01.02.2020 17:12

Pashinyan: Armenia to reduce the number of cash transactions

YEREVAN, February 1. /ARKA/. Armenian Prime Minister Nikol Pashinyan told a discussion of the draft law on non-cash transaction that his government will be consistent in reducing the number of cash transactions since this issue is important not only from the point of view of the economy, the fight against corruption, but also in a civilizational sense.

He emphasized that the process of increasing the number and volume of non-cash transactions and digitizing electronic transactions and functions is one of the significant directions. He said this process will lead to serious changes in the quality of life of the citizens.

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Cash transactions still prevail in Armenia, chairman of Union of Banks of Armenia says

19.03.2019 22:17

Cash transactions still prevail in Armenia, chairman of Union of Banks of Armenia says

The total amount of non-cash transactions made in Armenia through banks is still low, despite the widespread use of modern technologies

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