July 12, 2022 - 15:49 AMT
Armenia raising pensions, allowances in 2023

Pensions and allowances will increase by AMD 6,000 in 2023, Minister of Labor and Social Affairs of Armenia Narek Mkrtchyan told reporters at the National Assembly on Tuesday, July 12.

"Now we are discussing the budget for 2023. It is planned to increase pensions by up to 6,000 drams in 2 stages", said the Minister.

Prime Minister Nikol Pashinyan said at the government meeting earlier that in 2023 the minimum wage will increase from AMD 68,000 to AMD 75,000.