Top News
» » » Newspaper: Every third resident of Armenia will be poor at beginning of 2021

Newspaper: Every third resident of Armenia will be poor at beginning of 2021

19-12-2020, 09:31 Armenia » Economy
Newspaper: Every third resident of Armenia will be poor at beginning of 2021

19 December 2020, 09:31 - NovostiNK
Past daily of Armenia writes: According to experts, every third citizen of Armenia will be poor in our country already at the beginning of 2021, and we will close 2020 with a significant increase in the poverty level.

"In general, we are on the way to increasing the level of specific poverty, including the increase of extreme poverty," economist Tadevos Avetisyan said, in particular, in a conversation with Past.

The rise in prices for basic necessities over the past month is noticeable also to the naked eye. Moreover, there are in-depth analyzes that next year the rise in prices will reach greater levels, which means that the level of poverty and extreme poverty will increase sharply [in Armenia].

"Now people are told that according to statistics, inflation is 1.6 percent and that this indicator is manageable. This is not only dangerous populism, but also dangerous in itself because they create among the people inadequate expectations of the situation. In reality, of course, inflation is not 1.6 percent. Various basic necessity products have risen in price by up to 20 percent, and this trend continues. In such a situation, it is important to also state that the nominal incomes of the people have not increased; moreover, there is no increase in this respect in the 2021 budget designed by these authorities," said T. Avetisyan said.



Armenia Ombudsman: We finished 6th closed report on Azerbaijan army atrocities against captured Armenians, bodies
Armenia Ombudsman: We finished 6th closed report on Azerbaijan army atrocities against captured Armenians, bodies
We have finished the 6th closed report on atrocities committed by the...
Artsakh, Armenia ombudsmen publish ad hoc report on journalists’ targeting by Azerbaijan
Artsakh, Armenia ombudsmen publish ad hoc report on journalists’ targeting by Azerbaijan
The Human Rights Defenders (Ombudsmen) of Artsakh (Nagorno-Karabakh)...
Economy minister to US envoy: Armenian-American economic relations will become more active
Economy minister to US envoy: Armenian-American economic relations will become more active
Minister of Economy Vahan Kerobyan on Monday received US Ambassador...

:*
E-Mail:
:
Bold Italic Underline Strike | Align left Center Align right | Insert smilies Insert link URLInsert protected URL Select color | Add Hidden Text Insert Quote Convert selected text from selection to Cyrillic (Russian) alphabet Insert spoiler
: *