Robert Nazaryan has headed Armenia’s Public Services Regulatory Commission since 2003. As such, he basically gives the green light to proposed rate hikes for utilities like electricity, gas and water.
Orbelyan started off the year with 65 million in the bank and winded up with 24 million by year’s end, in addition to 5,500 Euros and $27,000
Four of the eight candidates running in next month’s Armenian presidential election have filed financial disclosures as required by law. The wealthiest of the four appears to be the current president, Serzh Sargsyan.
Republican Party MP Artak Davtyan is an unassuming politician who heads the parliament’s Standing Committee on Education, Science, Youth Affairs and Sports.
It’s a well known fact that the President of Armenia’s State Revenue Committee (SRC), Gagik Khachatryan has deep pockets and is considered a savvy businessman both in Armenia and overseas.
His wife Elmira declared 4.740 million AMD and $1,000 in revenues. 2.340 million AMD was rental income and the rest birthday gifts
Sahakyan can always be spotted in front of the press cameras, espousing the government’s position on this or that issue. Lately, he’s been busy defending the government’s proposal to raise the minimum wage by 2,500 AMD per month.
During the debate in Armenia’s parliament regarding the proposed bill to raise the minimum wage from 32,500 AMD to 35,000, ruling Republican Party MP Mkrtich Minasyan told Hetq that while the increase wasn't sufficient, he could get by on 35,000 for one month.
In Hetq’s continuing series highlighting the financial status of various Armenian government big- wigs, we now turn our attention on the country’s government ministers. (Please note-the below figures are culled from their official financial disclosures. We leave the rest to your imagination)