Minister says Russian inflation can reach 6.4% in 2013 December 12, 2013 - 14:31 AMT PanARMENIAN.Net - Russian Finance Minister Anton Siluanov said Thursday, Dec 12, that inflation could reach 6.4 percent this year, overshooting the central bank’s target of up to 6 percent, RIA Novosti reported. “It [inflation] will be about 6.3 percent to 6.4 percent,” Siluanov said. The central bank, which has control over interest rates used for fighting consumer price rises, sought to bring down inflation. But Russia has consistently failed to keep inflation within its target bands. The central bank was aiming for a 5 to 6 percent rise in consumer prices in 2013. Inflation in 2012 was 6.6 percent, which also missed the regulator’s target range for that year. Related links:   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 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.Ucom equips four bus stops in Ijevan with free Wi-Fi Ucom now provides free Wi-Fi coverage in smart bus stops in four communities of Ijevan.Armenians stage more campaigns against territorial concessions to Azerbaijan Protesters blocked more roads across Armenia on Friday, April 26 in continuing attempts to scuttle territorial concessions to Azerbaijan. |
