At Thursday’s Cabinet meeting of the government of Armenia, Narek Mkrtchyan, the Minister of Labor and Social Affairs, recalled that they plan to increase monthly pensions in the country by at least 3,000 drams (approx. US$7.50).

"As a result of the adoption of this draft, pensions and benefits will increase—as of September 1—for 16,600 pensioners, 5,186 military pensioners, and around 75,000 beneficiaries," the minister noted, in particular.

"In general, pensions and benefits will be increased—as of September 1—for 97,000 beneficiaries, which they will receive together with the October pension," said Mkrtchyan.