Armenia's government OKs raising minimum wage by 24%

Armenia's government OKs raising minimum wage by 24%

PanARMENIAN.Net - The government on Thursday, June 27 approved a draft law on raising minimum wage in Armenia by 23.6% - from AMD 55,000 (approx. $115) to AMD 68,000 ($143).

Deputy Minister of Labor and Social Security Gemafin Gasparyan said the move will cover 45,000 people working in the private sector and 35,000 others employed in the public sector.

According to Finance Minister Atom Janjughazyan, the draft bill has nothing to do with the base salary which is used to calculate the salaries of public officials

The bill has yet to be discussed and approved by the National Assembly.

Earlier, lawmakers from the ruling My Step alliance had proposed raising the minimum wage in the country to AMD 63,000 ($132).

 Top stories
The funds will provide targeted technical assistance to support and ensure effective implementation of vaccination efforts in Armenia.
The Armenian Defense Minister discussed the issues with the Chief of the General Staff of the Russian Armed Forces.
The Ombudsman also detailed the EU diplomats on Azerbaijan's policy of disseminating hate and enmity against Armenians.
The Catholicos said the Armenian soldiers have heroically defended the homeland and their people for many centuries now.
Partner news