Poverty level surging in crisis-hit Armenia
The number of citizens living below the poverty line
in Armenia has reached 25.6 percent since a dire economic crisis
hit the world economy in 2008, the Paris-based French language
daily Armenia News reported.
By the end of 2009, the number of the destitute in the South Caucasus republic will be 28.4 percent, says the story, entitled "Armenia: Social impact of the world economic crisis and poverty".
The publication warned that the number of poverty-stricken people may rise by a further 6 percent if the government fails to take urgent action to curb the alarming trend.*
By the end of 2009, the number of the destitute in the South Caucasus republic will be 28.4 percent, says the story, entitled "Armenia: Social impact of the world economic crisis and poverty".
The publication warned that the number of poverty-stricken people may rise by a further 6 percent if the government fails to take urgent action to curb the alarming trend.*
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