ARF MP Minasyan: ‘Nothing Worse Than Economic Uncertainty’

Grisha Balasanyan

Addressing the parliament today regarding a draft bill on changes to
the law on minimum monthly wages, ARF MP Artzvik Minasyan said that
six months ago his party had proposed an initiative that would have
led to a formula where any citizen would have been able to estimate
their salary in the coming year.

This, MP Minasyan said, would have eliminated any uncertainty among the
people, adding that economic uncertainty ultimately leads to widespread
pessimism towards the future and a corresponding mode of behaviour.

The current government plan is to raise minimum salaries by 10,000
AMD as of July 1.

The ARF proposed to raise the minimum salary to 45,000 AMD as of
January 1 of this year. The bill was voted down.

From: Baghdasarian

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