In case of mortgage lending, tax benefits will be revised. The corresponding decision was made at the government's November 23 sitting.

Minister of Finance Vardan Aramyan noted that, according to the current legal regulation, regardless of who purchased the apartment, and how many houses he lives in, the interests of the mortgage loan are refunded to the state budget. "We have decided to narrow the circle of persons, allowing paying interest from the taxpayer's account only to low and middle income entities. In this sense, we plan to define two types of restrictions. First of all, this opportunity will not be available for transactions exceeding AMD 55 million. The second restriction will be applied if the subject or a co-owner buys the second apartment, "the Finance Minister said. At the same time, he added that the government is facing a social issue.

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