UP

Poverty rate in Armenia increases

Home page World
12 Punto 14 Punto 16 Punto 18 Punto
Poverty rate in Armenia increases

The economic and social downturn in Armenia is deepening.

According to the country’s national statistics service, over the first quarter of this year alone, the population’s revenues have dwindled by 5 billion drams ($1= AMD 478) compared to the corresponding period of the previous year, ArmLur.am news website reported.

There has been 1% fall in trade and 7.4% fall in construction over the first quarter of 2016.

The GDP has decreased by a billion dollars compared to 2014.

Date
2016.05.25 / 15:46
Author
Axar.az
See also

Fed raises interest rates for first time since 2023

Iran strikes US-contracted vessel near Strait of Hormuz

Rezaei: US must take practical steps to gain Iran’s trust

US removes Russia-related sanctions on Turkish company

Russia's oil refineries halt after drone attacks

Former Georgian security chief sentenced to 13 years

Putin, Pashinyan agree to discuss Armenia’s EU bid

Ukraine awaits Russia’s list for energy ceasefire

Russian spy satellites may helped Iran target US assets

Budanov: Internal destabilization worst-case scenario

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla