Government’s program to combat poverty to produce results- Armenian prime minister

Government’s program to combat poverty to produce results- Armenian prime minister

YEREVAN, December 27. / ARKA /. The government’s program designed to combat poverty will produce tangible results in the future, Armenian Prime Minister Tigran Sargsyan told a televised news conference today.

According to official data, poverty rate in Armenia in 2012 was 32.4 %, surging by almost 18 percent from 2008.

According to Sargsyan, poverty reduction is one of the most important components of the governing Republican Party of Armenia and the government, because ‘behind figures there are thousands of individuals and families with very low living standard.’

Tigran Sargsyan said the poverty problem had emerged back in 1992-1993 as a result of economic collapse when the poverty rate soared to 94%. Later developments shaped a layer of the population who managed to resolve poverty problem, however, no middle class was formed in the country.
The prime minister said statistical data do not allow to have objective assessment of the problem  and use of more stringent accounting requirements is likely to raise poverty level even higher and the number of families in socially difficult circumstances may at least double.

Sargsyan added that poverty problem could be resolved by creating new jobs that would secure at least 150,000 dram wages.

"Our goal is to create relatively high-paid jobs. In the last 5 years we have made fundamental changes to achieve positive changes,” said Sargsyan.

Another cause of poverty, according to the prime minister, is lack of good education. He said the government made radical changes in this area, including financing of education for young people. Thus, he said, the government has earmarked funds for financing the education of 4,500 students next year to make it accessible to all.  -0-

15:08 27.12.2013

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