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Pashinyan believes that Armenian society “has successfully withstood inflation”

YEREVAN, December 22. /ARKA/. Armenian Prime Minister Nikol Pashinyan said the working part of society “has successfully withstood inflation.”

“With respect to May 2018, Armenia’s gross payroll has almost doubled, increasing by about 89.22 billion drams or 92.3%,” he said at a government meeting on Thursday.

According to the Prime Minister, the monthly income tax has also increased. He noted that the average monthly salary has increased by 44,931 drams, or 20.4 percent, compared to November 2021.

“This means that the working part of our society has successfully withstood inflation because annual inflation is much lower,” he said.

According to the National Statistical Committee, inflation in Armenia in November 2022 compared to November 2021 was 8.8%.  ($1 – 393.73 drams).

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