ARA NRANYAN: ARMENIA WILL SEE POVERTY IN 2010

PanARMENIAN.Net
14.12.2009 12:15 GMT+04:00

/PanARMENIAN.Net/ Armenia will see poverty in 2010, according to MP
Ara Nranyan.

"Even if the government ensures the 1.2% economic growth envisaged by
the 2010 budget, the living conditions of the republic’s population
will deteriorate," the member of ARF Dashnaktsutyun parliamentary
group said.

"Under the circumstances, the middle class will be on the verge of
poverty. With a 1.2% economic growth at best, salaries and pensions
will not be raised. Moreover, the country will hardly regain the
pre-crisis amount of private money transfers," Nranyan said.