Vosganian: Public sector salaries, 30 percent higher than those of private sector employees

Publish date: 30-10-2008
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Public sector salaries have come to exceed those in the private sector by 30 percent, even though private companies' employees are actually those who "pay" the salaries of those working in the public sector, says Finance Minister Varujan Vosganian.

"The demand for a 50 percent salary raise in the education sector will not be the only one, and I do not think the private sector is willing to support such raises, considering the already existing gap," Vosganian says, adding that salaries of the highest qualified teaching staff had gone up by 98 percent since 2004.

The Finance Minister stated the budget draft for 2009, passed by the Government, did not include the additional expenses required by the 50 percent raise in teachers' salaries as of April.

Ziarul Financiar

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