New Minister of Economy of Armenia reveals his income

The newly appointed Minister of Economy of Armenia, member of ARF Dashnaktsutyun (ARFD) Artsvik Minasyan, presented the Commission on the Ethics of Senior Officials with a declaration of his income and assets after taking office.

Thus, at the beginning of 2016 the minister’s savings were 4 million drams (just over $8000), while a plot of land and an apartment in a residential building are in his property.

In the period from January 1st 2016 until the day of taking office on February 24th  the income of the senior official amounted to 739,240 drams (about $1500) as a salary.