  WB: poverty index in Armenia comprises 3%December 17, 2009 - 14:14 AMT PanARMENIAN.Net - Poverty index in Armenia grew simultaneously with economic slump, head of World Bank Yerevan Office Aristomene Varoudakis said.As he told a news conference today, a survey was held among households to register a 3% increase in their number, compared with 2008 results. "Poverty index could have been twice higher, but for Armenian government's timely policy for protection of financially vulnerable population," Mr. Varoudakis said. "Poverty index could have reached 6%, without poverty allowance system implemented. That's why it is essential for poverty allowance expenditures to be stipulated by state budget."   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Related sections Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
