Additional 25 billion AMD necessary for raising pensions in Armenia from 2020

Aysor, Armenia

Additional 25 billion AMD will be necessary for raising the pensions in 2020, finance minister Atom Janjughazyan told the reporters today.

“The sum will be finally clear when our colleagues from labor and social affairs ministry say the exact sum,” the minister said.

Asked on the account of what means it will be done, Janjughazyan said, “It will be on the account of budget means.”

The Armenian government has approved the program of mid-term expenses according to which from January 1, 2020 the pensions in Armenia will raise by 10%.

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS