Numbers Exaggerated Again

NUMBERS EXAGGERATED AGAIN

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| 14:13:49 | 26-09-2005 | Social |

“Poverty in the villages is to be reduced by 5% in the coming 5 years”,
said deputy head of the “Millennium Challenges” Fund Armenian group
Hovhannes Azizyan. According to him, the MC will spend about $175
million for reduction of poverty.

Mr. Azizyan informed that the Armenian Government managed to reduce
poverty from 50.7% to 47.5% in the last 5 years spending $100
million. Asked the question how they will reduce poverty for 5% only
spending a sum of 1/3 of the budget, taking into account the efforts of
the Armenian Government mentioned above, Mr. Azizyan said sincerely,
“The Government will continue to make efforts alongside with spending
the sum donate by the MC”.

The journalists also asked how it happened that Georgia has already
received its $300 million, and Armenia has not yet. Mr. Azizyan said
he did not know when Armenia will receive the sum. “It is not yet
clear what we must do in the end”, he concluded.