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Armenia's Parliament Increases Minimum Wage By $6

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  • Armenia's Parliament Increases Minimum Wage By $6

    ARMENIA'S PARLIAMENT INCREASES MINIMUM WAGE BY $6

    news.am
    October 25, 2012 | 13:01

    YEREVAN. - The Armenian National Assembly (NA) passed, on Thursday
    and in the first hearing, the bill on making amendments to the Law
    on Minimum Monthly Wage.

    The voting on this proposed law was preceded by the brief interventions
    of representatives from the NA factions, Armenian News-NEWS.am
    reporter informs.

    Following the interventions, the voting began and, as a result, 67
    MPs voted for and 7 Deputies voted against this bill, whereas 25 MPs
    cast abstaining votes.

    To note, pursuant to this proposed law, the monthly minimum wage will
    be AMD 35,000 (approx. $85), instead of the current 32,500 (approx.
    $79), as of January 1, 2013, in Armenia.

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