Armenian economist: Poverty in level of social danger

The Armenian Statistics Committee shows that the poverty line in 2020 was 27% (0.6% more than in 2019), Report informs, citing Aysor.

Thus, 78% of the Armenian population cannot live outside their homes for a week, while 75% do not regularly participate in various paid entertainment events, such as concerts, sports competitions, cinemas. Some 68% of the population cannot afford unexpected financial expenses, and 47% is deprived of red meat, chicken, fish, or other foods equivalent to daily vegetarian food. 60% of Armenians do not have a car, and 30% of the country's citizens cannot buy new clothes.

However, experts in Armenia say that this figure does not reflect reality. Economist Tacos Avetisyan said that the poverty line is more than a statistic: "There is a danger that social problems will worsen. Poverty is an obstacle to the rapid recovery of the economy. Increasing poverty in the country will produce additional problems."