FROM JANUARY 1, 2007, MINIMAL SALARIES TO TOTAL TO AMD 20,000

AZG Armenian Daily
28/11/2006

>From January 1, 2007, the minimal salaries will amount to AMD
20,000. As compared with the data in 2006, the increase will make
AMD 5,000. Aghvan Vardanian, RA Minister of Labor and Social Affairs,
stated this at RA National Assembly. He said that the minimal salaries
will rise by AMD 5,000 and in the course of the coming 3 years they
will amount to AMD 30,000.

This process may be accelerated subject to the existence of necessary
funds, he said. According to him, AMD 505 million will be allocated
from RA state budget for the settlement of the given problem. About
7500 employees will be involved in the given program in total.