YEREVAN, October 29. /ARKA/. According to the 2015 draft budget, the Armenian central bank’s administrative expenditures will amount to 6.54 billion drams, a 3% increase from the 2014 level, head of the central bank Artur Javadyan said at the budget hearing in the parliament on Tuesday.

The staff costs will total 6.3 billion drams, including 5.29 bln paid in salaries, as compared to 5.1 billion in 2014.

Average staff member salary is 530,000 drams, and no increase is planned for 2015, Javadyan said. There will be salary increases only for track record, age and some other reasons, he said.

According to the 2015 draft budget, Armenia’s consolidated budget revenues will amount to 1 trillion 221 billion drams and budget spending will total 1 trillion 337 million drams. Budgeted deficit is 116.6 billion drams. ($1 – 410.24 drams). –0--