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  • Numbers Exaggerated Again

    NUMBERS EXAGGERATED AGAIN

    A1+
    | 14:13:49 | 26-09-2005 | Social |

    "Poverty in the villages is to be reduced by 5% in the coming 5 years",
    said deputy head of the "Millennium Challenges" Fund Armenian group
    Hovhannes Azizyan. According to him, the MC will spend about $175
    million for reduction of poverty.

    Mr. Azizyan informed that the Armenian Government managed to reduce
    poverty from 50.7% to 47.5% in the last 5 years spending $100
    million. Asked the question how they will reduce poverty for 5% only
    spending a sum of 1/3 of the budget, taking into account the efforts of
    the Armenian Government mentioned above, Mr. Azizyan said sincerely,
    "The Government will continue to make efforts alongside with spending
    the sum donate by the MC".

    The journalists also asked how it happened that Georgia has already
    received its $300 million, and Armenia has not yet. Mr. Azizyan said
    he did not know when Armenia will receive the sum. "It is not yet
    clear what we must do in the end", he concluded.
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