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CBA head: Armenia to post high economic activity in 2013

CBA head: Armenia to post high economic activity in 2013

PanARMENIAN.Net - Chairman of Central Bank of Armenia (CBA) noted ensuring macroeconomic stability one of the greatest achievements of 2012.

As Arthur Javadyan said at Dec 28 reception in CBA, Armenia will post high economic activity and low inflation rate in 2013.

“Our efforts will be aimed at ensuring further success,” he said, hailing the results recorded in 2012 in terms of pricing strategy and financial policy. .

“3,2% inflation rate was recorded in the reporting year,” he said.

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He said that his government would also focus on fighting corruption and "eliminating all barriers that impede business from developing".
“We have a simple problem:we prepare 400-500 specialists each year, while there is demand for 2000 professionals," he said.
At Shirak airport in the northern Armenian town of Gyumri, traffic soared by 150% in the reporting period against 2016.
“The investments will be spent to build a canning factory and slaughterhouses, expand greenhouse farms,” Ignati Arakelyan said.
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