1,5% poverty rate decrease registered in Armenia in 2008

PanARMENIAN.Net - Yerevan hosted Armenian National Statistic Service "Social picture in Armenia and poverty" report presentation. The report is based on Armenian households living standards 2008 research.



According to research results, 1,5% poverty rate decrease was registered in Armenia in 2008 to comprise 23,5% (760 thousand people).



"Which means 23,5% of Armenia population are living below poverty line, so poverty is still a crucial issue with the country," Armenian National Statistic Service Chairman Stepan Mnatsakanyan noted, adding that the research will allow RA government to develop corresponding strategy along the lines specified.



Monthly expenditure of below AMD 25188 and ration level below AMD 17 232 per family member are considered as poverty standards.