In 2023, the spending being allocated to social protection in Armenia will increase by more than 65 billion drams, or by 13.1 percent, which will enable to increase both pensions and payments under other social assistance programs. Minister of Finance Tigran Khachatryan stated about this at Thursday’s Cabinet meeting of the government, presenting the medium-term state expenditure program for 2023-2025.
He noted that, in particular, the sums allocated to pensions will be increased by 33 billion drams.
“In 2023, additional funds will be allocated to increase the salaries of public servants. It is planned to direct 17.3 billion drams for that purpose,” Khachatryan added.
Also, the minister informed that in 2023, it is planned to maintain the assistance being provided to Artsakh (Nagorno-Karabakh) at the level of this year; that is, in the amount of 114 billion drams.
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