Ara Nranyan: Armenia will see poverty in 2010
Armenia will see poverty in 2010, according to MP Ara Nranyan.
"Even if the government ensures the 1.2% economic growth envisaged by the 2010 budget, the living conditions of the republic's population will deteriorate," the member of ARF Dashnaktsutyun parliamentary group said.
"Under the circumstances, the middle class will be on the verge of poverty. With a 1.2% economic growth at best, salaries and pensions will not be raised. Moreover, the country will hardly regain the pre-crisis amount of private money transfers," Nranyan said.
"Even if the government ensures the 1.2% economic growth envisaged by the 2010 budget, the living conditions of the republic's population will deteriorate," the member of ARF Dashnaktsutyun parliamentary group said.
"Under the circumstances, the middle class will be on the verge of poverty. With a 1.2% economic growth at best, salaries and pensions will not be raised. Moreover, the country will hardly regain the pre-crisis amount of private money transfers," Nranyan said.
