World Bank 2 results

World Bank Sees Continued Poverty Reduction In Armenia

By Emil Danielyan Poverty in Armenia will continue to fall slowly but steadily in the coming years thanks to faster economic growth, the World Bank said in a report published on Tuesday. “Modest but positive growth projections for agriculture and industry, combined with an increase in real wages in both the public and private sectors, ...

Armenian Government Signals New Economic Policy

(RFE/RL)- “Armenia needs a new ‘model of development’ in order to successfully address its socioeconomic problems,” Deputy Prime Minister Vache Gabrielian said recently. Gabrielian commented on the newly appointed Prime Minister Karen Karapetian’s remark that “systemic changes” are required to improve what he called a “very ...