Prime Minister Nikol Pashinyan told lawmakers on Wednesday that his administration’s decision to raise pensions was a historic achievement in the social protection sector.
“For the first time in the history of the Republic of Armenia, the income received by pensioners exceeds the minimum consumer basket, which currently stands at 61,760 drams according to the latest data. The calculation of the minimum consumer basket includes 6,000 drams for healthcare [insurance] expenses,” Pashinyan said.
The prime minister noted that this achievement has been recorded eight years after he took office following the 2018 revolution, as his government has consistently moved step by step along this path.
“In 2019, we first doubled the minimum pension. Then, in the next step, we aligned the minimum pension with the minimum food basket to ensure that [no pensioner in Armenia lacks basic food security]. This is truly a historic achievement in the field of pensioners’ social security,” the prime minister said.
Prime Minister Nikol Pashinyan added that increases in allocations have also been recorded in education, science, and social benefits.
Published by Armenpress, original at
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