Armenia increases wages at expense of pensions

Armenia increases wages at expense of pensions

Certain improvement in the economic situation of the citizens is already visible, Armenian Prime Minister Nikol Pashinyan said.

Asked when there will be visible improvements in the economic situation of the Armenian citizens, he said that certain changes have already been introduced.

"An increase in salaries of 207,000 workers has been recorded, a certain price change occurred at the fairs," Pashinyan said. 

"The level of fees gathered by the State Revenue Committee's has increased significantly, the health system is changing," News.am cited the PM as saying.

Pashinyan noted that the government has already collected tens of millions of drams for the budget.

Under the latest government-designed bill, Armenian citizens have to pay social security taxes equivalent to 2.5% of their monthly income, down from 5%. 

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