Thursday, June 23 2022 13:23
Naira Badalian

Registered jobs and taxes on them are again unprecedented in Armenia 

Registered jobs and taxes on them are again unprecedented in Armenia 

ArmInfo.An unprecedented number of official jobs were registered in Armenia in May. RA Prime Minister Nikol Pashinyan stated this on June 23 at a government meeting.

In May, the number of officially registered and paid employees was  673,224, which exceeds last year's figure by 6% or 38,273, the figure  for 2019 - by about 12% or 72,359, and the figure for 2018 - by 23%  or 125,235.  .  The total salary fund in Armenia compared to May 2018  increased by 65%  and amounted to 160.056 billion drams in May 2022.  Compared to May of previous years, this index is unprecedented. In  relation to May last year, it is higher by 4.531 billion drams, in  May 2018 - by 63.369 billion drams (by 65%).  Accordingly, tax  revenues through income tax increased. In May 2022, it collected  32.741 billion drams, which is 3.811 billion drams more than in 2021,  and 8.578 billion more than in May 2018.

Pashinyan recalled that the return of income tax (mainly on mortgage  lending) in 2021 amounted to 32 billion drams and about 140 billion  drams of the VAT debit balance. At the same time, last year 97  billion drams more income tax was collected than in 2018. Thanks to  this, more than 20,000 families received a tax refund in the amount  of an average of 1 million drams during the year, Pashinyan added.

The average monthly salary in Armenia in May 2022 was 237,745 drams,  which is 12% or 25,590 drams more than in May 2021. Compared to May  2019, the growth amounted to 50,667 drams (by 27%), to May 2018 - by  61,306 (by 34.7%).