Inflation suppression discussed in Tsaghkadzor resort of ArmeniaFebruary 20, 2011 - 16:51 AMT PanARMENIAN.Net - Armenian President Serzh Sargsyan held a meeting with the Central Bank of Armenia (CBA) Board and members of the CBA Monetary Committee in Tsaghkadzor resort, Armenia. Inflation peculiarities, basic factors behind inflation, including price trends in global markets and their impacts on local prices were in the focus of the meeting. The parties attached importance to measures aimed at suppressing inflation, including to the role of the monetary policy and its possible impacts. Besides, the parties referred to the current international challenges in the monetary policy, possible ways for improving the policy and possible impacts of these developments on Armenia's economy. 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 | Concept to complete Yerevan Cascade discussed at city hall A conceptual proposal to complete the Cascade complex in downtown Yerevan has been presented by Jean-Michel Wilmotte. Pashinyan visits flood-hit region Armenian Prime Minister Nikol Pashinyan on Saturday, June 8 visited the disaster area in the Lori province. €3.5 mln EU grant to support justice reforms in Armenia The European Union has paid €3.5 mln grant to Armenia within a €11mln program on Support to Justice Reforms. Yerevan reacts to Baku’s proposal to see Minsk Group abolition Alen Simonyan has declared that Armenia is taking steps aimed at concluding a peace treaty with Azerbaijan. |