Bank Of Baku

Prime Minister: “32.5% of Armenia's population is living below the poverty line”

Prime Minister: “32.5% of Armenia
# 18 October 2013 14:42 (UTC +04:00)

The Prime Minister added that the actual level of poverty may be even higher: “Today Armenia is a poor country.” Noting that the average per capita gross national income (GNI) is only about $3,000, the Prime Minister said for the construction of a democratic society in Armenia, it is necessary that this figure rises to more than $12,000.

 

According to the Armenian ministry of finance, the poverty rate in 2012 was 33.1 %, and the extremely poor made 2.8 %. According to the ministry’s forecast, in 2013 the poverty rate will be 32.1 % and that of extreme poverty - 2.7.

 

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