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
Total underground mineral resources comprised 4.3 million tons of ore, averaging 4.2 grams per ton for 0.6 mln ounces of gold equivalent.
For those with a monthly consumption of 10 thousand cubic meters or more, the current price of $276.98 would be reduced to $257.56.
The PM said the impact of the agreement on ordinary consumers will be announced once relevant authorities consider the issue.
Azerbaijan is highly dependent on oil revenues and its preliminary 2016 budget indicates reductions in military spending, the report says.
Partner news