Salary increase for scientists and cultural workers expected in 2011

PanARMENIAN.Net - 2011 draft state budget envisages salary increase for scientists and cultural workers, according to Armenian Minister of Finance Tigran Davtyan.

“12 and 15% increase in scientists and cultural workers’ salaries is stipulated,” the Minister told a news conference on October 6.

”2011 budget expenditures will gross AMD 998.6 billion exceeding 2010 index by AMD 63 billion. AMD 834 and 163 billion will be allocated to current and capital expenditures, with a major part of additional expenditures to be directed at improvements in social and cultural sector. Considerable part of budget expenditures will be allocated to construction works in disaster zone, renovation of schools, healthcare sector financing.

“20% of state budget will go to the payment of pensions. Increased financing of defense sphere and assistance to NKR is also envisaged,” the Minister stated.