Armenian PM expects 6% inflation by end of 2011April 29, 2011 - 13:05 AMT PanARMENIAN.Net - High inflation rate was Armenia’s hardest challenge over the past two years and the government will aim to lower the inflation rate to 6% by the end of 2011, Prime Minister Tigran Sargsyan said. “Our goal is phased reduction of inflation to bring it to the pre-crisis level. All preconditions will be created for a lower inflation rate in 2012,” he said during the founding meeting of Armenian Trade Network summoned on the initiative of Diaspora Ministry. The event brought together 30 specialists from 9 countries. 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 | Turkey extends military presence in Azerbaijan The Turkish parliament has adopted a bill submitted by Recep Tayyip Erdogan to extend the mandate of Turkish troops. Russia to begin assessing migrant workers' speaking skills Rosobrnadzor is planning to change the Russian language exam for migrant workers and include an assessment of speaking skills Armenian, Saudi Foreign Minister meet in Riyadh The two commended the positive dynamics of the development of political dialogue between Armenia and Saudi Arabia Pashinyan: Azerbaijan’s proximity shouldn’t worry border residents At the same time, he said that he “does not guarantee [the security of villagers] one hundred percent”. |