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Over 25% of Armenia's population lives in poverty

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  • Over 25% of Armenia's population lives in poverty

    Mediamax, Armenia
    Aug 22 2012


    Over 25% of Armenia's population lives in poverty


    Yerevan/Mediamax/. Deputy Minister of Finance of Armenia Vardan
    Aramyan stated today that growth in unemployment is registered in
    Armenia.

    During a press conference today, the Deputy Minister said that on the
    whole, unemployment growth is registered across the globe, Mediamax
    reports.

    "Unemployment in Armenia makes about 18%. There are now growth
    indices", said the Deputy Minister.

    As of the data presented by Vardan Aramyan, the poverty level in
    Armenia makes 27/6%. The index made 23% in 2008.

    Touching upon Armenia's external debt, Vardan Aramyan said that is
    getting closer to USD 3.6bln. According to him, in 2013, USD 273mln
    will be allocated from the state budget to pay off the state debt.

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