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    Categories: News

Armstat Presents 8th Annual Report

ARMSTAT PRESENTS 8-TH ANNUAL REPORT

ARMENPRESS
Dec 21, 2007

YEREVAN, DECEMBER 21, ARMENPRESS: Armenian National Statistical Service
(Armstat) presented today its 8-th annual report on social situation
and poverty, compiled on the results of a comprehensive study of
5,184 Armenian households last year.

Armstat head, Stepan Mnatsakanian, said the study was conducted with
the support of World Bank ‘to reflect all economic and social changes
that occurred in Armenia in 2004-2006."

The presentation was attended by officials from the World Bank
and USAID.

Diana Martirosian, an Armstat expert, said the main leverages behind
poverty reduction scale were labor market consolidation, rise of
salaries, pensions and other social benefits prompted by the continued
economic growth.

She said the ongoing rise in the volume of money transfers sent by
Armenians to relatives and families in Armenia has slashed the income
and consumption gaps.

However, she said poverty is still a major problem for Armenia since
26.5 percent of its population of 850,000 people are still poor and
130,000 of them are classified as extremely poor.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian: “I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS
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