Thursday, 04 December 2003

ARMENIA RAISES MINIMUM WAGE

Published in News Digest

By empty (12/4/2003 issue of the CACI Analyst)

Parliament voted on 3 December to increase the minimum monthly legal wage from 5,000 drams ($9) to 13,000 drams beginning in January 2004, RFE/RL\'s Yerevan bureau reported. Social Security Minister Aghvan Vartanian said the increase will in the first instance benefit some 35,000 public-sector workers who are currently paid 7,000-8,000 drams per month. The average salary in the public sector, which employs some 260,000 people, is 22,000 drams per month.
Parliament voted on 3 December to increase the minimum monthly legal wage from 5,000 drams ($9) to 13,000 drams beginning in January 2004, RFE/RL\'s Yerevan bureau reported. Social Security Minister Aghvan Vartanian said the increase will in the first instance benefit some 35,000 public-sector workers who are currently paid 7,000-8,000 drams per month. The average salary in the public sector, which employs some 260,000 people, is 22,000 drams per month. (RFE/RL)
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The Central Asia-Caucasus Analyst is a biweekly publication of the Central Asia-Caucasus Institute & Silk Road Studies Program, a Joint Transatlantic Research and Policy Center affiliated with the American Foreign Policy Council, Washington DC., and the Institute for Security and Development Policy, Stockholm. For 15 years, the Analyst has brought cutting edge analysis of the region geared toward a practitioner audience.

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