Armenian official unable to name reasons behind rise in prices for cheeseNovember 10, 2010 - 14:22 AMT PanARMENIAN.Net - Chairman of the RA Parliamentary Standing Committee for Financial, Credit and Budgetary Affairs Gagik Minasyan said that the GDP growth will be from 2.4 to 3.6% by the end of 2010 in Armenia. It is too important that the export growth rates twice exceed the import growth rates, Minasyan told a press conference in Yerevan. “Besides, the growth rates of industry are rather high. However, high level of inflation is a very serious challenge faced by the Armenian authorities. Thus, serious measures are taken to tackle it,” he said. Commenting on the opinion that cheese market is monopolized, Minasyan said that it is not true. However, he was unable to name the reason behind the dramatic rise in prices for cheese. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. Azerbaijan must respect human rights, Scholz tells Aliyev German Chancellor Olaf Scholz has called for greater respect for human rights in Azerbaijan. Armenia: Defense Ministry warns against involving army in political processes The Ministry’s statement came after a video surfaced online, showing soldiers joining the protests in Tavush. Scholz hopes Armenia-Azerbaijan peace treaty will be signed this year German Chancellor Olaf Scholz hopes that a peace treaty between Armenia and Azerbaijan will be signed this year. |