  Armenia: average annual salary growth in private sector not to exceed 3 percent in 2009February 16, 2009 - 20:19 AMT PanARMENIAN.Net - Preliminary assessment review of Armenian job market registered a drop in labor force demand in 2009, what is accounted for by world financial crisis, CBA 2009 Forecast says. According to new assessment, the average salary will rise by 8 percent, connected with salary rise for employees of government-financed organizations. In private sector, the average annual growth will not exceed 3 percent. No pressure on price growth is expected in job market, as united labor force expenditure will decrease in private sector, resulting in decrease of pressure on expenditure growth in state sector.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Related sections Latest news Viva-MTS: Tech solutions to modernize infrastructure of border village  The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015.Ucom's fixed network launched in Artashat To mark this occasion, the company has introduced a special offer exclusively for Artashat residents.“By Your Side”: IDBank's new support program for displaced Artsakh citizens IDBank is launching a long-term social support program for forcibly displaced Artsakh residents.The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. |
