  MP forecasts inflation rise amid global price upsurge August 28, 2012 - 16:27 AMT PanARMENIAN.Net - Low inflation rate recorded in Armenia in Jan-July 2012 (2,3%) may be affected by the trends in world food markets, head of the National Assembly Standing Committee on Financial-Credit, Budgetary Affairs said. Gagik Minasyan stressed the role of the low inflation rate in the face of possible price upsurge in international markets due to poor harvest. In this context, he forecast that the negative tendency would affect Armenia as well over the lack of certain crops in the country. Mr. Minasyan further voiced confidence for the low inflation to retain the 4±1,5% rate.   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 |  Latest 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. |
