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Public incomes to grow in Armenia
The Russia Journal
WORLD/CIS » :: Feb 08, 2005 Posted: 15:10 Moscow time (11:10 GMT)
YEREVAN - Nominal incomes of the public will grow 14 percent in
Armenia in 2005, chairman of the country's Central Bank Tigran
Sarkisian declared at a press conference. According to him, incomes
of the public have advanced steadily by 12 to 13 percent over the
past years. This trend will continue this year, he believes. Growth
in public incomes will be due to economic growth that is forecasted
at 8 percent. Incomes of the public increased 16.8 percent to $2.5bn
in Armenia in 2004. At the same time, Sarkisian pointed to the fact
that approximately 42 percent of Armenian citizens live below the
poverty line, the ARMINFO news agency reported. /RosBusinessConsulting/
--Boundary_(ID_0r5Xhh81UIm9XJux6Lq4VQ)--
The Russia Journal
WORLD/CIS » :: Feb 08, 2005 Posted: 15:10 Moscow time (11:10 GMT)
YEREVAN - Nominal incomes of the public will grow 14 percent in
Armenia in 2005, chairman of the country's Central Bank Tigran
Sarkisian declared at a press conference. According to him, incomes
of the public have advanced steadily by 12 to 13 percent over the
past years. This trend will continue this year, he believes. Growth
in public incomes will be due to economic growth that is forecasted
at 8 percent. Incomes of the public increased 16.8 percent to $2.5bn
in Armenia in 2004. At the same time, Sarkisian pointed to the fact
that approximately 42 percent of Armenian citizens live below the
poverty line, the ARMINFO news agency reported. /RosBusinessConsulting/
--Boundary_(ID_0r5Xhh81UIm9XJux6Lq4VQ)--