What Property Does Narek Mkrtchyan Have: 'Haykakan Jirair'

According to the publication 'Haykakan Jirair', 'Minister of Labor and Social Affairs Narek Mkrtchyan jointly owns an individual residential house in the Parakar community of the Armavir region, and he purchased a vehicle in 2019 when he was a member of the National Assembly from the 'My Step' faction.'

'That year, he bought a 2012 model Mercedes Benz. Narek Mkrtchyan, who transitioned from member of parliament to minister, declared 4 million 220 thousand drams in cash, while his bank account funds amounted to 4 million 570 thousand drams and 7 million 168 thousand drams.'

'Within one year, the minister managed to earn 28 million drams, of which 20 million drams was his ministerial salary, 3 million drams he earned from the American University, and he also has received loans from Ardshininvestbank and Acba bank, amounting to 2 million 972 thousand drams and 1 million 400 thousand drams respectively.'

'At the end of the year, the balance of his loans was 8 million drams. The minister did not present any information regarding his expenses.'