Armenian Civil Servants’ Basic Salary To Reach AMD 40,000 By January

ARMENIAN CIVIL SERVANTS’ BASIC SALARY TO REACH AMD 40,000 BY JANUARY 1, 2008

ARKA News Agency, Armenia
Oct 30 2007

YEREVAN, October 30. /ARKA/. Armenian civil servants’ basic salary
is to reach AMD 40,000 by January 1, 2008, Armenian Deputy Finance
and Economy Minister Pavel Safaryan said at the National Assembly’s
session held Tuesday.

"In 2008, civil servants will have their salaries risen from present
AMD 38.500 to AMD 40,000. Besides, basic salaries of government bodies’
employees, who are not civil servants, excluding administrative
officials, will be raised 12.7%", Safaryan said adding that extra
AMD 1.2 billion is needed for the mentioned purpose.

He said that expenses for paying salaries are equal to a half of
total amount spent for keeping Armenia’s governmental staff.

The deputy minister said that AMD 24.5 billion of 44.3 billion targeted
for keeping government staff will be spent in 2008 for paying salaries
to civil servants.

He said that civil servants’ salary will average AMD 123,000 in 2008
against 106,000 in 2007, Interior Ministry employees’ salaries AMD
200,000 against 167,000 in 2007 and Prosecutor Office employees’
AMD 245,000 against 119,000.

Under the 2008 draft state budget put on National Assembly’s floor
this week, its revenue is AMD 744.7 billion and expenditure AMD
820.8bln. Deficit is planned to be AMD 76 billion in 2008 and GDP
growth 10%. In 2007, GDP was planned at 11%. ($1 – AMD 324.78).