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Xinhua General News Service, China
September 27, 2012 Thursday 7:40 AM EST
Armenia to raise minimum wage
YEREVAN Sept. 27
Armenia's minimum wage would be raised 7.5 percent next year, Finance
Minister Vache Gabrielyan said Thursday.
Starting from January, the minimum monthly pay will be increased from
AMD 32,500 (about 80 U.S. dollars) to AMD 32,500 (86 dollars).
The government said it aimed to double the minimum wage during the
2012-2017 period.
Official statistics put the country's average monthly salary at about
300 U.S. dollars in 2011. The mimimum wage has been raised twice in
the past four years.
September 27, 2012 Thursday 7:40 AM EST
Armenia to raise minimum wage
YEREVAN Sept. 27
Armenia's minimum wage would be raised 7.5 percent next year, Finance
Minister Vache Gabrielyan said Thursday.
Starting from January, the minimum monthly pay will be increased from
AMD 32,500 (about 80 U.S. dollars) to AMD 32,500 (86 dollars).
The government said it aimed to double the minimum wage during the
2012-2017 period.
Official statistics put the country's average monthly salary at about
300 U.S. dollars in 2011. The mimimum wage has been raised twice in
the past four years.