President Armen Sarkissian met with the President of Akcern Holding: discussed were ways to overcome consequences of the pandemic on the real estate market

President Armen Sarkissian met today with the President of Akcern Holding Hakop Baghdassarian.

The interlocutors exchanged views on the impact of the pandemic on the real estate market, existing problems, possible difficulties, and ways to overcome them. They also spoke about the recently adopted laws, particularly the probably impact of the law on the changes and amendment to the RA Tax Code on the area of real estate, population at large, and business environment.

The businessman noted that he read the law, in particular, the statement of President Sarkissian on changing the property tax and appreciated the President’s balanced approach. He said that he shares all concerns expressed in the statement.

The interlocutors agreed that in the current difficult situation conditioned by the coronavirus pandemic, the encouragement of some areas is critical, especially from the viewpoint of preserving jobs and mitigating the social consequences of the pandemic.