Announcement

Collapse
No announcement yet.

Ara Nranyan: Armenia Will See Poverty In 2010

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • Ara Nranyan: Armenia Will See Poverty In 2010

    ARA NRANYAN: ARMENIA WILL SEE POVERTY IN 2010

    PanARMENIAN.Net
    14.12.2009 12:15 GMT+04:00

    /PanARMENIAN.Net/ Armenia will see poverty in 2010, according to MP
    Ara Nranyan.

    "Even if the government ensures the 1.2% economic growth envisaged by
    the 2010 budget, the living conditions of the republic's population
    will deteriorate," the member of ARF Dashnaktsutyun parliamentary
    group said.

    "Under the circumstances, the middle class will be on the verge of
    poverty. With a 1.2% economic growth at best, salaries and pensions
    will not be raised. Moreover, the country will hardly regain the
    pre-crisis amount of private money transfers," Nranyan said.
Working...
X