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Thursday, 04 December 2003
ARMENIA RAISES MINIMUM WAGE
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)