35,000 AMD ENOUGH TO ADDRESS SOCIAL NEEDS

http://www.lragir.am/index.php/eng/0/country/view/27891
Country - Tuesday, 30 October 2012, 15:20

The new minimum wage of AMD 35,000 is enough to address social needs,
said the head of the NA standing committee on social affairs Hakob
Hakobyan.

"The increase is enough. It is up by 11% which corresponds to the
inflation rate of the past two years," he said.

Hakob Hakobyan says that compared with last year the poverty index
almost has not changed.

"The state which is to solve social issues should keep its indices
at the level which is not bad than the previous year. In other words,
we have taken into account this year's price increase and predictions
for 2013. So, we are going to boost the minimum wage by 3500 AMD to
be able to keep the poverty index of 2012 till December 2013."




From: A. Papazian