World Bank data on poverty level in CIS cited at Yerevan-Moscow-Kyiv –Kishinev- Tbilisi spacebridgeOctober 15, 2010 - 19:34 AMT PanARMENIAN.Net - In accordance with Georgian President –cited data, 40 % and 18% poverty level in Georgia was reported in 2003 and 2010. At the same time statistical data indicates 1,8 million people out of 4,4 population are on dole, which brings the poverty level to approx. 40%, Georgian experts stated at Yerevan-Moscow-Kyiv –Kishinev- Tbilisi spacebridge entitled Poverty. Where’s the Limit? Living-wage in Georgia was set at USD 71, whereas the mean income per person comprises USD 57. World Bank (WB) reported 2/3 of the population are beyond the poverty line. WB reported 28,7% poverty level in Armenia with 6,9% beyond poverty line. 13,6% or 18 million people in Russia earn below the living-wage (USD 188), against 25 million in 2005. 26,4% poverty level reported in Ukraine and Moldova. 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 | Concept to complete Yerevan Cascade discussed at city hall A conceptual proposal to complete the Cascade complex in downtown Yerevan has been presented by Jean-Michel Wilmotte. Pashinyan visits flood-hit region Armenian Prime Minister Nikol Pashinyan on Saturday, June 8 visited the disaster area in the Lori province. €3.5 mln EU grant to support justice reforms in Armenia The European Union has paid €3.5 mln grant to Armenia within a €11mln program on Support to Justice Reforms. Yerevan reacts to Baku’s proposal to see Minsk Group abolition Alen Simonyan has declared that Armenia is taking steps aimed at concluding a peace treaty with Azerbaijan. |