  Ara Nranyan: in 2010, Armenia faced an outbreak of uncontrolled inflation December 27, 2010 - 17:47 AMT PanARMENIAN.Net - Ara Nranyan, ARF Dashnaktsutyun MP, a member of the parliamentary committee for economic issues summarized the results of 2010 at news conference in Yerevan. “In 2010, Armenia faced an outbreak of uncontrolled inflation,” the expert said, forecasting 9% inflation in the coming year. “For the first time in 10years, the rate of inflation in Armenia exceeds that of the average salary, which spells a drop in actual wages,” the expert noted, slamming current methods used to resolve the issue.   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 The Power of One Dram to benefit Road of Life charity  The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization.Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia.Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty.Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |
