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Over 300,000 Armenian Citizens Get Over Poverty Level In 2004-2007

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  • Over 300,000 Armenian Citizens Get Over Poverty Level In 2004-2007

    OVER 300,000 ARMENIAN CITIZENS GET OVER POVERTY LEVEL IN 2004-2007

    ARKA
    Oct 15, 2008

    YEREVAN, October 15. /ARKA/. Over 300,000 Armenian citizens surmounted
    the low-income poverty threshold in 2004-2007. As a result, the share
    of Armenia's poor population decreased by 27.9%.

    At the presentation of the survey "Social picture and poverty in
    Armenia, Diana Martirosova, Head of the Household Research Department,
    RA Statistical Service, reported a 40.9% decrease in abject poverty
    in 2007 as compared with 2004, which means that 83,000 people got
    over the abject poverty level.

    Martirosova pointed out that the poverty problem was not so acute
    last year as before.

    On the other hand she stressed that poverty remains a problem for
    Armenia - over 800,000 people or 25% of the country's population remain
    below the poverty level, with 123,000 of them living in abject poverty.

    The survey "Social picture and poverty in Armenia" was conducted in the
    country from January 1 to December 31, 2007, using the WB methods. It
    involved 7,872 households in 45 cities and 289 rural communities. The
    survey was co-financed by the Millennium Challenges Armenia Fund.

    The results of the survey will be used in assessing the efficiency
    of programs implemented in Armenia under a compact signed with the
    US Millennium Challenges Corporation.

    From: Emil Lazarian | Ararat NewsPress
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