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Armenian families’ health care expenditures markedly reduce, according to a World Bank report

09.03.2011 18:58

Armenian families’ health care expenditures markedly reduce, according to a World Bank report

YEREVAN, March 9, /ARKA/. Armenian families’ health care expenditures markedly reduced, according to a new World Bank report released in Washington.

The report says that governments’ responses helped many families in Eastern Europe and Central Asia to navigate the global economic crisis through a variety of initiatives, including unemployment benefits, public works programs, and in some cases, last resort social assistance programs. However, these initiatives only reached a minority of the families affected by the crisis, it says.

Based on specialized crisis response surveys and government monitoring data, the report, ‘The Jobs Crisis: Household and Government Responses to the Great Recession in Eastern Europe and Central Asia’, concludes that the crisis’ effects were, and continue to be, more acutely felt in Eastern European and Central Asian countries than in any other region in the world.

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WB: consumer expenses in Armenia reduce 7% in 2nd Q 2009

23.11.2009 17:38

WB: consumer expenses in Armenia reduce 7% in 2nd Q 2009

Armenian households’ consumer expenses shrank 7% in the second quarter 2009, compared with the same period a year earlier, the World Bank said in its preliminary study on poverty in Armenia and social consequences of the global recession.

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