Georgia becomes fastest growing economy in South Caucasus
Georgia is the country with the fastest growing economy in the South Caucasus. This statement was made by the country's Prime Minister Irakli Kobakhidze.
poverty
Uzbekistan begins decisive fight against poverty
Uzbek President Shavkat Mirziyoyev reviewed a presentation on measures to improve the system for poverty reduction and social protection. …
Kobakhidze: Georgia to eradicate poverty by 2030
Georgian Prime Minister Irakli Kobakhidze emphasised the “very high” economic growth of 9.3% of the first five months of the …
Poverty reaches historic lows in Georgia
Georgia's Deputy Minister of Economy Vakhtang Tsintsadze said poverty levels had reached “historic lows” in the country. "In just one year, [the figures] decreased by 3.8%, lifting approximately …
Irakli Kobakhidze: Georgian Dream halves poverty
The poverty rate has “practically halved” in Georgia since 2012, and with the continuous economic growth, Georgian Prime Minister Irakli Kobakhidze said. According to him, the figure is “expected to decrease even …
Georgia’s poverty rate at "historic low"
The Georgian Government's administration said the economic data of 2022 had shown the poverty rate in the country was at a “historic low” of 15.6%. The administration said 549,000 people had got out of poverty in the …
Number of poor people rises in Georgia
The number of poor families in Georgia increased by 1,5% over the 11 months of 2022 and amounted to 178,5 thousand, according to materials on the website of the country's Social Service Agency. By December 1, 2022, the …
Sanctions are weapons of mass starvation
US and allied economic sanctions against Russia have not achieved their declared objectives
Absolute poverty level decreases in Georgia
According to the Georgian Sakstat National Statistical Service, in 2021, 17.5% of the population were living below the poverty level. The data shows that the absolute poverty rate, which means the number of people without access to the …
Soaring food prices could fuel social unrest, extreme poverty
The world’s major international finance and food organisations have joined forces to call for urgent, coordinated action on food security in light of the crisis in Ukraine, warning soaring food prices could fuel social tensions and push millions into poverty
Biden's real challenge is not Russia or China, but poverty in America
Mainstream US media continues to celebrate the supposed strength of the US economy. Almost daily, headlines speak of hopeful numbers, sustainable growth, positive trends and constant gains
Russian government determines poverty level
The Russian government has approved the procedure for determining the poverty level, the press service of the Ministry of Labor reports. "The government has approved the procedure for determining the poverty level in Russia as a …
World Bank finds three keys to reducing poverty in Central Asia
They are vaccination, jobs, and social assistance
Mises Institute predicts long-term inflation for US
Economists have long argued, as a matter of technical accuracy, that “inflation” denotes an increasing money supply
Minister: 18.8 mln Russians live in poverty
The number of Russians with incomes below the subsistence level amounted to 18.8 mln people in the third quarter of 2020, Labor and Social Protection Minister Anton Kotyakov said. The amount of unemployed in Russia registered with …
China declares complete victory over absolute poverty
Chinese President Xi Jinping on Thursday declared "complete victory" in eradicating absolute poverty in the world’s most populous country, local media reported. "The final 98.99 million impoverished rural residents …
UN: extreme poverty level reaches 22-year low
Last year, the global level of extreme poverty increased for the first time in more than 20 years, UN Secretary-General António Guterres said at the UN Security Council meeting on maintaining peace and stability. He stated that …
Putin defines main tasks of G20 countries
The long-term and large-scale unemployment and poverty are the main risks globally, Russian President Vladimir Putin said speaking today at the G20 summit. The official web-site of the Russian President provides …
UN: COVID-19 reversing decades of progress on poverty
The COVID-19 pandemic is reversing decades of progress on poverty, healthcare and education, the UN Department of Economic and Social Affairs said in an annual report. According to the Sustainable Development Goals Report 2020, an …
Oxfam: 5 shocking facts about inequality
The richest 1% in the world have more than double the wealth of 6.9 billion people
