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Armenia’s central bank plans cuts to increase wages - Galstyan

03.11.2020 13:49

Armenia’s central bank plans cuts to increase wages - Galstyan

YEREVAN, November 3. /ARKA/. The Central Bank of Armenia plans cuts in the system to raise wages in 2021, Central Bank Chairman Martin Galstyan said on Monday during parliamentary hearings on the draft government budget for 2021.

He said that the draft government budget for 2021 provides for the administrative expenses of the central bank in the amount of 7.5 billion drams, which is 2.3% or 235 million drams more than in 2020.

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