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Armenian Government Approves Program Of Country's Sustainable Develo

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  • Armenian Government Approves Program Of Country's Sustainable Develo

    ARMENIAN GOVERNMENT APPROVES PROGRAM OF COUNTRY'S SUSTAINABLE DEVELOPMEMT

    Noyan Tapan
    Oct 30, 2008

    YEREVAN, OCTOBER 30, NOYAN TAPAN. At the October 30 sitting, the
    Armenian government approved the Program of Sustainable Development
    of the Country.

    Accoridng to the RA Minister of Finance Tigran Davtian, this
    fundamental document specifies the strategy of the country's
    development through 2021.

    The minister said that it will be aimed at poverty reduction and
    human development.

    The program's indices are based on those of Eastern and Central
    European countries. In particular, it is envisaged that in 2009 per
    capita GDP will make a sum in drams equivalent to 4.2 thousand USD,
    in 2012 - 5.8 thousand USD, in 2015 - 7.7 thousand USD, and in 2021 -
    12.6 thousand USD. The material poverty level will make 12% in 2012,
    10% in 2015, and 7% in 2021.

    The extreme poverty level will be below 2% in 2012, and below 1.2%
    in 2021.

    T. Davtian said that the allocations to the health care and education
    sectors will make up 3.6% and 4.5% of GDP respectively. In his words,
    it is envisaged reaching the level of the EU's new member states by
    various indices in 2017.
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