Thursday, June 11 2026 20:28
Alexandr Avanesov

Minister: Extreme poverty rate in Armenia dropped from 1.1% to 0.6%  last year

Minister: Extreme poverty rate in Armenia dropped from 1.1% to 0.6%  last year

ArmInfo. The extreme poverty rate in Armenia continues to decline, as stated by RA Minister of Labor and Social Affairs Arsen Torosyan on June 11 during  a joint session of the RA National Assembly committees, where the  implementation of the 2025 state budget was being discussed.

According to him, the extreme poverty rate in the country decreased  from 1.1% to 0.6% last year. "This positive trend is due to the  improvement in macroeconomic indicators recorded in Armenia in recent  years, economic growth, and the implementation of targeted social  policies," the speaker noted. He added that approximately 21.1  billion drams were allocated for the "Support for Needy and  Disadvantaged Social Groups" program in 2025, achieving 92% of its  implementation. Program expenditures decreased by 12.1%, or 2.9  billion drams, compared to the previous year.

Overall, the minister noted, the Ministry's activities in 2025 were  aimed at continuously developing the social protection system,  improving the availability and quality of social services, ensuring  support for vulnerable groups, and implementing the priorities set by  the government program and sectoral strategies.  Specifically, during  the reporting period, the Ministry implemented 17 budget programs and  106 events. A total of 905.6 billion drams were allocated from the  state budget for the implementation of these programs.  As a result  of adjustments made during the year, the budget amounted to 900.8  billion drams, actual expenditures amounted to 874.1 billion drams,  and the plan fulfillment under the adjusted budget was 97%.  This  figure exceeded the previous year's figure by 2.5 percent, or 21.6  billion drams.

Expenditures on benefits aimed at improving family living standards  amounted to approximately 20.6 billion drams, a 13.3% decrease  compared to the previous year. In 2025, 50,584 families received  benefits, compared to the planned 50,200.

Approximately 74.3 billion drams from the state budget were allocated  to the "Improving the Demographic Situation" program, accounting for  97.9% of the program's target. In 2025, 60,582 citizens received  childcare benefits for children under 2 years of age. Expenditures  amounted to 28 billion drams.