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At Thursday's Cabinet meeting, the government approved the draft amendments to the law on minimum monthly wages in Armenia.

The draft proposes to increase the minimum monthly salary from the current 68,000 drams (approx. $169) to 75,000 drams (approx. $186), starting January 1, 2023 and, accordingly, to set new minimum hourly rates for salaried or hourly workers or part-time workers.

The government's 2021-2026 plan stipulates that the minimum monthly salary in Armenia shall reach at least 85,000 drams (approx. $211) in 2026.

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