Armenia to increase minimum salary by 25% by 2026

Armenia to increase minimum salary by 25% by 2026

PanARMENIAN.Net - The minimum salary will be increased by 25% by 2026 in Armenia , Deputy Minister of Labor and Social Affairs Ruben Sargsyan told the parliament on Friday, November 5.

“By 2026, the minimum wage is expected to reach AMD 85,000 ($180),” Sargsyan said. He noted that the first measure is planned for 2023, and discussions with the experts of the Ministry of Finance are currently underway.

The minimum wage in Armenia is currently 68,000 drams (less than $145).

 Top stories
938 Russian citizens have registered in Armenia as private entrepreneurs between February 24 and March 22
Vahan Kerobyan said Armenia will most probably introduce a ban on the sale of Turkish products as well.
According to Vahan Kerobyan, a sharp decline in the travel industry was recorded last year, but now the situation has changed
Mher Grigoryan added that the government will ensure that the borrowed funds are spent efficiently.
Partner news
---