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35,000 AMD Enough to Address Social Needs

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  • 35,000 AMD Enough to Address Social Needs

    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."

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