Baku, Fineko/abc.az. Today in Baku the World Bank has conducted public presentation of the report on assessment of living conditions in Azerbaijan. At the presentation Bank’s senior economist Lire Ersado claimed that when making the report it was estimated how earnings received by Azerbaijan in the process of development have impact on personal income and living conditions; portrait of poverty in the country; goals and efficiency of state social policy.
The main result of the overview was understanding that 2.5 million people were raised over poverty against the background of improvement of the quality of life,” Ersado said. The survey was conducted in 2008 by the Bank and the State Statistics Committee on the basis of a poll of private households.
“Due to good basis, in 2009 Azerbaijan kept positions in the area of poverty reduction despite the global economic crisis and has all conditions for its further reduction in 2010,” Ersado emphasized.
11% of country’s population was under the level of poverty level by early 2010.