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Armenian Government Vows Support To Socially Vulnerable Groups

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  • Armenian Government Vows Support To Socially Vulnerable Groups

    ARMENIAN GOVERNMENT VOWS SUPPORT TO SOCIALLY VULNERABLE GROUPS

    ARKA
    March 5, 2009

    YEREVAN, March 5. /ARKA/. The Armenian government stands ready to
    support the socially vulnerable amid the global recession, RA Prime
    Minister Tigran Sargsyan said.

    According to the premier, changes in tariffs on electricity, gas and
    water suggest 2,000 drams (around $5.4) extra monthly expenses for
    an average Armenian family.

    "Drawing up the 2009 budget, we stated that a 14% rise in monthly
    pensions is due to the growth of tariffs in April," Sargsyan said,
    adding the rise in pensions aims at softening the negative impact of
    the price rise.

    The premier stressed that the government had agreed with its strategic
    partners on raising tariffs in Q2. "Thus, the price rise will have a
    little impact on families, as electricity and gas consumption will
    decrease considerably in April, compared to January and February,"
    he said.

    According to the premier, socially vulnerable families are in hardships
    due to a 20% slowdown in remittances to Armenia. "This downfall first
    of all hits the socially vulnerable," the premier said.

    "It means that the government must continue its target policy,
    assisting 118,000 socially vulnerable families. If their number
    increases, the government will earmark budget funds to pay social
    benefits to those families," he concluded.
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