Tigran Sargsyan assured prices will stabilize within next few days

PanARMENIAN.Net - The prices in shops will stabilize within next few days, Armenian Prime Minister said.



"The buying craze was quite predictable. We have witnessed such phenomena many times," Tigran Sargsyan said. "The stock market has already stabilized in some way. Bargains to the amount of $7 million were struck. Everything will flow in the accustomed grooves as soon as the importers clarify their price policy."



"The importers worked under favorable conditions and have enough time for gradual transition to floating rate. Presently, tax officers make an inventory of supply of goods to prevent profiteering," he said, adding that 8% inflation is expected.
 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
---