Armenian Finance Ministry forecasts 14% poverty reduction by 2025![]() March 12, 2013 - 16:06 AMT PanARMENIAN.Net - Armenian Ministry of Finance submitted “Strategic long-term development program for 2012-25”, envisaging up to 14% poverty reduction by 2025, against 36% as planned in 2010. The program stipulates gradual reduction of poverty, with the index to total 23% in 2017 and about 18% in 2021. Partner news Tigran Sargsyan noted that the new plant will be constructed after the current one is finally out of operation. IFC invested $244 million in 40 projects across a range of sectors, including financial markets, manufacturing, and mining. Armenian Prime Minister addressed a letter to Public Services Regulatory Commission over the reconsideration of gas prices. Armenia’s Public Services Regulatory Commission plans to reconsider electricity generation and distribution prices. Partner news |