The Budget of the Ministry of Labor and Social Affairs Will Increase in 2022

The budget of the Republic of Armenia's Ministry of Labor and Social Affairs will increase by more than 15% in 2022. This was stated by Finance Minister Tigran Khachatryan during a discussion in parliament.

“According to the draft state budget, the total financing allocated for all programs of the Ministry of Labor and Social Affairs is the area with the largest volume of financing,” the minister said.

The Ministry of Labor and Social Affairs of Armenia will implement 16 programs next year, which include 93 measures. “The draft budget for 2022 provides for funding of about 580 billion drams. The budget approved in 2021 provided for 503 billion 670 million drams of funding, an increase of 15.1 percent,” stated Tigran Khachatryan.