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.

 Top stories
According to Gagik Beglaryan, the Chinese side put forward a number of proposals on the implementation of the railway construction project.
ContourGlobal expects the modernization to create 150 near-term jobs in addition to the 150 long-term technicians employed.
The President declared that we will cover only the population's expenses, meaning people who spend 250 kW of electricity per month.
The proposed additional financing will raise the total length of roads to 360 km, 73 km of which have already been rehabilitated.
Partner news