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Bostanjian Says Minimum Wage In Armenia Should Be 100,000 Drams

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  • Bostanjian Says Minimum Wage In Armenia Should Be 100,000 Drams

    BOSTANJIAN SAYS MINIMUM WAGE IN ARMENIA SHOULD BE 100,000 DRAMS

    YEREVAN, June 6. /ARKA/. According to a former MP from the Prosperous
    Armenia Party, Vartan Bostanjian, the minimum wage should be
    80,000-100,000 drams. The Armenian government said earlier this week
    it will raise the minimum wage of 32,500 drams to 45,000 drams from
    July 1.

    "Raising the minimum wage to 45 thousand drams will have no effect
    amid the ongoing rise of prices of foods and other commodities. A
    normal wage is a wage that ensures decent living," he said at a press
    conference on Thursday.

    He said the prices will go up further after the anticipated rise in
    the tariffs of natural gas and electricity, expected in July.

    Bostanjian also said the government should gradually increase all
    public sector wages that will in turn boost the purchasing power of
    the citizens. The Armenian government plans to raise public sector
    salaries from January 2014. ($ 1 - 414.92 drams).-0-

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