Economy

Salaries grow continuously as result of government’s reforms - PM

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Salaries grow continuously as result of government’s reforms - PM

YEREVAN, JUNE 22, ARMENPRESS. The salaries in Armenia continue to grow, Prime Minister Nikol Pashinyan said at the June 22 Cabinet meeting.

“The wage fund in Armenia doubled in May 2023 compared to May 2018, growing by 106,6% or by 103 billion 40 million drams. Meaning, today, employed persons get 103 billion 40 million dram more salary than in May of 2018,” he said.

The average monthly salary per capita grew 57,6%.

The salaries are continuously growing as a result of the government’s reforms, the prime minister said.

“Excluding the inflation effect, with the results of 2022, salaries grew 6,3% in Armenia.”

AREMNPRESS

Armenia, Yerevan, 0002, Martiros Saryan 22

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