  Armenia among top three poorest countries in CIS March 13, 2018 - 11:25 AMT PanARMENIAN.Net - Armenia has one of the highest rates of poverty among the countries of the Commonwealth of Independent States (CIS). According to data provided by the national statistical service, the 29.4% poverty rate was exceeded by only two countries in the CIS space in 2016. 32.1% of the population of Kyrgyzstan and 30.3% in Tajikistan, as well as 5.9% of the Azerbaijanis and only 2.6% of Kazakhs were poor in the reporting period. Armenia’s draft budget for 2018 envisages a 4.5% GDP growth.   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 Protesters rally as Georgia debates 'foreign agent' bill  Georgian critics label the bill "the Russian law", comparing it to legislation used by the Kremlin to crack down on dissent.Former Pashinyan envoy urges end to Genocide speculation Marukyan has urged authorities in Armenia stop discussions about verifying the names of 1.5 million victims.Azerbaijan, Jordan sign deal on defense cooperation Azerbaijan and Jordan have signed an agreement on cooperation in the field of defense, according to an official statement.First Canadian expert join EU mission in Armenia The first Canadian expert to join the European Union’s civilian mission in Armenia has arrived in Armenia. |
