YEREVAN. – Minimal salary will at least double in Armenia.
To note, as of January 1, 2011 minimal salary in Armenia was AMD 32.5 thousand. In 2001 it was AMD 5 thousand, in 2006 – AMD 15 thousand. The overall growth of salaries stimulates the growth of the minimal salary.
As of April 2012 the average salary in Armenia was AMD 118.5 thousand ($ 285). For comparison, in 2001 the average salary was AMD 24.6 thousand, in 2006 – AMD 62 thousand. If in 5 years the minimal salary grows, the average salary might reach the amount of AMD 200 thousand ($500).