Aharon Adibekian: Consequences of economic crisis will
become visible in Armenia in autumn
06-03-2009 18:00:00 | Armenia | Economy
YEREVAN, MARCH 6, NOYAN TAPAN. The consequences of the
global financial and economic crisis will become visible in
Armenia in the autumn, while the spring of 2010 will be the
hardest period, the director of Sociometer center Aharon
Adibekian made a forecast at the March 6 press conference.
According to him, Armenia will suffer the main loss because of a
fall in exports and construction work. The purchasing capacity
of the population will decline as a result of decreased
remittanches from abroad. Besides, due to their poor financial
state, famers will have difficulty buying seeds, fertlizers,
equipment, which will affect negatively this year's harvest.
"The 150 thousand-strong army of the disabled will also have
serious problems as the prices of medicines will rise," the
sociologist said.
He announced that the recent surveys conducted by their
center show that the notion of the society about the standard of
living of Armenian citizens differs considerably from the
government's notion. For example, the government considers a
person receiving 19.4 thousand drams a month as poor, whereas
the society considers one with an income of 25 thousand drams as
poor. By official data, those with a monthly income of 32
thousand drams are well-off persons, whereas people consider
those with an income of 85-200 thousand drams as well-to-do.