 Poverty rate drops slightly in Armenia December 5, 2017 - 12:22 AMT PanARMENIAN.Net - The poverty rate has dropped by 0.4% in Armenia to 29.4% in 2016 year-on-year, the National Statistical Service reports. According to the data, the extremely poor accounted for the 1.8% of the country's population, 8% were very poor, while the 19.6% were poor last year. This means that three in every 10 Armenian residents fall below the poverty threshold of AMD 40,867 (apx. $85). The poverty rate stood at 27.6% in 2008. In 2016, the GDP grew by 10.6% against 2012, while poverty rate declined by 9.26%.   Top stories As a result of floods in Armenia’s northern Lori and Tavush provinces, 17 bridges, including five large ones, have collapsed. David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. Prime Minister Nikol Pashinyan has met with Stephan Schütz, Executive Partner at Gerkan, Marg and Partners. The number of state universities will be reduced from 23 to 8 by 2030, Minister of Education, Science, Culture and Sport Zhanna Andreasyan has said.   Partner news |  Latest news Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Balance of attached cards in the Idram&IDBank app From now on, users will be able to view the online balances of cards issued by ArCa system banks and attached to the app. |
