Economic growth and reduction of poverty in Armenia

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| 14:38:36 | 09-09-2005 | Social |

ECONOMIC GROWTH AND REDUCTION OF POVERTY IN ARMENIA?

According to the 2005 report about Human development, Armenia occupies the
83rd place among the 177 countries in the world. The calculations of the
report have been made on the ground of the 2003 statistic facts and in three
directions: education, life length and Gross output.

`Armenia has improved the index of the gross output to one person, the
education index is the same, and the health index has been corrected and
reduced a little’, the report says.

Today in the Yerevan UN office the RA Foreign Minister Vardan Oskanyan
mentioned proudly that in comparison to our neighbors, Armenia has the
highest index, and in the CIS countries it takes the 5th place leaving
forward only Russia, Belarus, Ukraine and Kazakhstan.

According to the Foreign Minister, One of the important preconditions of
development is that democracy must be an end in itself. Mr. Oskanyan was not
able to explain clearly why the poverty index is not reduced alongside with
the economic growth. «There are numerous reasons», said the Minister.

The UN Permanent Coordinator to Armenia Consuelo Vidal reminded that in 2000
heads of 191 countries, including Armenia, signed the Millennium Declaration
and took up the commitment to reach 8 aims till 2005 – poverty reduction,
combat against illnesses and child deaths, environmental stability,
educational provision, as well as global cooperation.

According to Mrs. Vidal, the cooperation can be realized in three
directions: international aid, international commerce and security. In
answer to the journalists’ question Consuelo Vidal mentioned that within the
framework of the report Armenia cannot find the answers to his questions
about the international commerce field.