Inflation suppression discussed in Tsaghkadzor resort of ArmeniaFebruary 20, 2011 - 16:51 AMT PanARMENIAN.Net - Armenian President Serzh Sargsyan held a meeting with the Central Bank of Armenia (CBA) Board and members of the CBA Monetary Committee in Tsaghkadzor resort, Armenia. Inflation peculiarities, basic factors behind inflation, including price trends in global markets and their impacts on local prices were in the focus of the meeting. The parties attached importance to measures aimed at suppressing inflation, including to the role of the monetary policy and its possible impacts. Besides, the parties referred to the current international challenges in the monetary policy, possible ways for improving the policy and possible impacts of these developments on Armenia's economy. 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. |