Mon, 7 April
20.1 C
Yerevan
USD: 391.14 RUB: 4.55 EUR: 428.65 GEL: 142.05 GBP: 501.60
spot_img

Police officers to have no pay rise next year

YEREVAN, November 5, /ARKA/. Chief of Armenian Police Alik Sarkisian told ARKA that police officers will not have a pay rise next year ‘because of the financial and economic crisis.’

He said police officers were to have a 20-30% pay rise next year, but ‘unfortunately, the crisis has had its impact on our salaries and wages as well.’

He said under the draft 2010 budget the Police will receive next year slightly less funds than this year. He said also that he had discussed with prime minister Sarkisian the president’ instruction to look for a possibility to raise the budget of the Police at the expense of economized funds.

According to the 2010 draft budget, the government plans to collect 676. 6 billion Drams of revenues, down from 772 billion projected for 2009. It also plans to spend 859.6 billion drams, of which 85.7% will be current expenditures. Tax revenues for 2010 are projected at 533 billion Drams, up from 510 billion, projected for 2009. M.M. -0-

spot_img

POPULAR

Insurance market of Armenia is in embryonic state

Insurance market of Armenia is in embryonic state

Draft law on crypto assets to be submitted to Armenian parliament in coming weeks – Deputy Chairman of Central Bank

The draft law on crypto assets, developed by the Central Bank of Armenia in the context of European norms, will be submitted to the Armenian parliament in the coming weeks, said Deputy Chairman of the Central Bank Armen Nurbekyan.

Ministry of Economy and  IMF delegation discussed Armenia’s economic diversification, export strategy

Yesterday, Armenian Economy Minister Gevorg Papoyan received a delegation led by Iva Petrova, head of the International Monetary Fund (IMF) mission in Armenia.

Concept of a private investment fund in Armenia discussed by Minister of Economy with Nubar Afeyan

The concept of creating a private investment fund in Armenia within the framework of effective public-private partnership was discussed by Armenian Minister of Economy Gevorg Papoyan and American businessman Nubar Afeyan.

Armenia ratifies agreement with ADB on EUR 45.3 million healthcare improvement program

At a meeting on Thursday, the Armenian government ratified a loan agreement with the Asian Development Bank (ADB) for a program aimed at improving the quality of healthcare.

LATEST NEWS

spot_imgspot_imgspot_img