Changes for Pensioners
The amount of cashback from non-cash transactions for pensioners will be increased, as the government plans changes to the program. This was stated by Minister of Labor and Social Affairs Arsen Torosyan during a government meeting.
The cashback rate will rise from 12% to 20%, and the maximum amount will increase from 6,000 drams to 10,000 drams.
The duration of the program will be extended until December 31, 2026, inclusive.
The government decision clarifies that no cashback will be calculated on payments for utility services.
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