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OPPOSITION MPS BLAST GOVERNMENT'S MINIMUM WAGE BILL
Grisha Balasanyan
hetq
13:47, October 24, 2012
Armenia's opposition MPs continued to deride the government's draft
bill raising the monthly minimum wage by a scant 2,500 AMD to 35,000.
ARF MP Artzvik Minasyan stated that, "The Armenian government's
economic policy is neither based on international experience or
common sense."
MP Minasyan added that while international experience shows that
wages must be raised to overcome the crisis so that demand can be
spurred,Armenia's government is suffocating demand. He concluded by
biding "farewell" to such a government.
MP Galoust Sahakyan, from the ruling Republican Party, responded that
the country would be better off if there wasn't such a large shadow
economy but that we have to make do with the situation at hand. He
urged legislators to pass the bill despite the paltry rise, arguing
it was better than nothing.
Heritage Party MP Zarouhie Postanjyan mocked the 35,000 AMD minimum
wage as "demeaning" and said that 2,500 is the price of twelve loaves
of bread. She also rejected government claims that the wage increase
reflected the modest means of the national budget.
Prosperous Armenia Party MP Nayira Zohrabyan stated that while the
government boasts of a 7% increase in economic growth it then argues
that it can only increase wages by 2,500 AMD, implying that the
official growth data are suspect.
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Grisha Balasanyan
hetq
13:47, October 24, 2012
Armenia's opposition MPs continued to deride the government's draft
bill raising the monthly minimum wage by a scant 2,500 AMD to 35,000.
ARF MP Artzvik Minasyan stated that, "The Armenian government's
economic policy is neither based on international experience or
common sense."
MP Minasyan added that while international experience shows that
wages must be raised to overcome the crisis so that demand can be
spurred,Armenia's government is suffocating demand. He concluded by
biding "farewell" to such a government.
MP Galoust Sahakyan, from the ruling Republican Party, responded that
the country would be better off if there wasn't such a large shadow
economy but that we have to make do with the situation at hand. He
urged legislators to pass the bill despite the paltry rise, arguing
it was better than nothing.
Heritage Party MP Zarouhie Postanjyan mocked the 35,000 AMD minimum
wage as "demeaning" and said that 2,500 is the price of twelve loaves
of bread. She also rejected government claims that the wage increase
reflected the modest means of the national budget.
Prosperous Armenia Party MP Nayira Zohrabyan stated that while the
government boasts of a 7% increase in economic growth it then argues
that it can only increase wages by 2,500 AMD, implying that the
official growth data are suspect.
Home page
Print | Õ~@Õ¡ÕµÕ¥O~@Õ¥Õ¶