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Poverty Level Envisaged To Be Reduced by 20.5% Until 2021 in Armenia

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  • Poverty Level Envisaged To Be Reduced by 20.5% Until 2021 in Armenia

    POVERTY LEVEL ENVISAGED TO BE REDUCED BY 20.5% UNTIL 2021 IN ARMENIA


    YEREVAN, JANUARY 14, NOYAN TAPAN. According to the revised variant of
    the Poverty Reduction Strategic Program, it is envisaged to reduce
    poverty in Armenia by 20.5% until 2021, which will make 6% and abject
    poverty is envisaged to be reduced by 3.1% and it will make 1.1%. Melik
    Gasparian, a representative of the expert group responsible for the
    program's elaboration, said this on January 14. According to him, a
    progressive growth of working incomes and pensions of poor population,
    as well as increase of the employment level will be the main factors of
    poverty reduction.

    M. Gasparian said that it is envisaged during the coming three or four
    years to move from the group of countries with an average human
    development level to the group of countries with a high human
    development level. Besides, the prospect of poverty reduction is
    expansion of "proper employment," which supposes a minimum level of
    payment for work, which will permit the worker to avoid poverty. In M.
    Gasparian's opinion, though some progress has been registered in this
    respect, nevertheless, over 22% employed people were considered poor in
    2006. According to the second Poverty Reduction Strategic Program, it
    is envisaged to decrease that index up to 5% until 2015.

    Hovhannes Azizian, the Head of the Secretariate of the Poverty
    Reduction Strategic Program, also said that they will work out
    territorial, regional programs for the purpose of achieving
    proportionate poverty reduction in Armenia. According to him, the first
    pilot program of the kind will be implemented in the Shirak region.
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