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Increase in wages will harm small and medium businesses
07:24 pm | Today | Politics
Our citizens will not feel the rise in the minimum monthly wage, says
economist Vahagn Khachatryan.
"The increase will only affect us as they (authorities) will force
small and medium-sized enterprises that pay minimum wages to
additionally increase prices," he said.
"This is another populist step taken by the government. I have always
said that our government is more populist than the opposition. The
opposition would never make such ungrounded statements," said the
member of the opposition Armenian National Congress.
He says the increase in wages is nothing against the background of the
raised gas and electricity tariffs.
"The authorities simply imitate to be caring for their citizens. I
just want to advise my fellow citizens to fear from the authorities
who care for their citizens too much," Mr Khachatryan said in
conclusion.
Starting July 1, minimum monthly wage in Armenia will be raised from
AMD 35,000 to AMD 45,000.
http://www.a1plus.am/en/politics/2013/06/07/vahagn-khachatryan
07:24 pm | Today | Politics
Our citizens will not feel the rise in the minimum monthly wage, says
economist Vahagn Khachatryan.
"The increase will only affect us as they (authorities) will force
small and medium-sized enterprises that pay minimum wages to
additionally increase prices," he said.
"This is another populist step taken by the government. I have always
said that our government is more populist than the opposition. The
opposition would never make such ungrounded statements," said the
member of the opposition Armenian National Congress.
He says the increase in wages is nothing against the background of the
raised gas and electricity tariffs.
"The authorities simply imitate to be caring for their citizens. I
just want to advise my fellow citizens to fear from the authorities
who care for their citizens too much," Mr Khachatryan said in
conclusion.
Starting July 1, minimum monthly wage in Armenia will be raised from
AMD 35,000 to AMD 45,000.
http://www.a1plus.am/en/politics/2013/06/07/vahagn-khachatryan