Paper: Armenia posts 35.8 % poverty rate

Paper: Armenia posts 35.8 % poverty rate

PanARMENIAN.Net - In his speech at Armenian Economic Union’s annual conference opening, Armenian Prime Minister Tigran Sargsyan noted that the poverty rate in the republic is about 30%, Haykakan Zhamanak daily reported.

The figure implies that over 1 mln of Armenian population lives below the poverty line (poverty rate grossing 35.8% according to the latest official data).

However, the problem gets more and more complicated with every passing day. World Bank Resident Representative in Armenia Owaise Saadat noted back in 2001during a meeting with donor countries and organizations that the number of the poor in the country amounted to 680 000, the paper says.

Partner news
 Top stories
The State Symbols Day was first celebrated in 2010, on the initiative of WE state values preservation foundation.
In 1979-1981, Vrezh Israeyelyan worked in “Hayreniki Dzayn” (Homeland Voice) weekly newspaper.
Yerevan municipality’s 2013 environmental program envisages creation of new lawns covering area of 3.2 hectares.
Melkonian had no prior service record in any country's army before being placed in command of an estimated 4,000 men in the war.
Partner news