World Bank survey: 54% of Armenians notice worsening of financial situation

24.08.2020 | 13:15 Home / News /
#World Bank #survey
Caucasus Research Resource Center Armenia has conducted a survey for the World Bank on June 21-29 in order to understand the Armenian citizens’ awareness of the coronavirus, their perception of the pandemic, and attitude toward it.

The results of the public survey show the following:

 - The coronavirus is currently perceived as the most pressing issue facing the country (36%) followed by unemployment (33%).

- More than half (54%) of respondents stated that their financial situation has worsened due to the pandemic.

- About one third (35%) has either lost a job or received fewer work hours as a result of the virus.

- To make up for lost income, respondents spend less money on food (36%) and other necessities (43%).

- Thirty percent (30%) of respondents believe their economic situation would remain unchanged 12 months from now while twenty-five (25%) believe it would improve.

- One third (33%) believe their economic situation will worsen after one year.

- Most believe that the government’s support packages for citizens were either extremely sufficient (19%) or somewhat sufficient (34%).

- Despite approval for the government’s support packages, about two thirds (65%) stated that they have not benefited from any of the government’s support measures.

- Among desired government support measures, postponing loan payment obligations received the most responses (27%) followed by subsidizing utility providers for payments (24%).

- Close to 43% percent of respondents believed that it was likely that schools will reopen normally in September. In the case schools reopened in September, 51% of parents would send their children to school.

The full report on the survey on COVID-19 perception in Armenia is available here.
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