// IP Marketing video - START// IP Marketing video - END

Average monthly salary totals AMD149 725 in Armenia in Aug

Average monthly salary totals AMD149 725 in Armenia in Aug

PanARMENIAN.Net - Average monthly salary totaled AMD 149 725 in Armenia in August 2013 increasing by 5,1% against the same period in 2012. However, it decreased by 5% as compared to July 2013.

As the RA National Statistical Service reported, 2,8% growth was recorded in salaries of budgetary organizations in August 2013 against 2012 results, totaling AMD 116 064, which is however 10% less that in July 2013.

Armenia’s Finance Minister David Sargsyan said in July that salaries for the public workers will be raised in 2014.

According to him, about AMD 51bln will be allocated in the framework of the government’s expenditure program for 2014-2016 to increase wages for civil workers.

Besides, he said, the minimum salary will total AMD 50 000 starting January 1, 2014, with additional AMD 10bln to be assigned for the purpose. “Currently, the salary fund totals about AMD 240bln. In 2014 it will grow by AMD 60bln or 40%,” the Minister said.

Since July 1, the minimum salary in Armenia rose to AMD 45 000 instead of previous AMD 35 000.

 Top stories
Behzad Babazadeh said that the Armenian side wants imported gas from Iran to be increased from 1 mcm to 1.6 mcm.
The event was timed to coincide with the visit of a 10-strong delegation of prestigious UK companies led by Mark Pritchard MP.
The two-day intensive programme includes meetings with Armenian high level state authorities and business representatives
Fitch Ratings has affirmed the Armenian city of Yerevan's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'B+'.
Partner news