Armenian PM expects 6% inflation by end of 2011April 29, 2011 - 13:05 AMT PanARMENIAN.Net - High inflation rate was Armenia’s hardest challenge over the past two years and the government will aim to lower the inflation rate to 6% by the end of 2011, Prime Minister Tigran Sargsyan said. “Our goal is phased reduction of inflation to bring it to the pre-crisis level. All preconditions will be created for a lower inflation rate in 2012,” he said during the founding meeting of Armenian Trade Network summoned on the initiative of Diaspora Ministry. The event brought together 30 specialists from 9 countries. 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 | Politico: Belarus delivered advanced weapons to Azerbaijan in 2018-2022 Belarus delivered advanced weapons to Armenia’s enemy even though both countries were supposedly allies in a defense pact. Armenia Security Council chief to attend Ukraine peace summit Secretary of the Security Council of Armenia Armen Grigoryan will take part in the Ukraine peace summit in Switzerland. Deputy U.S. Secretary of State to arrive in Yerevan Deputy Secretary of State for Management and Resources Richard R. Verma will travel to Yerevan, Armenia from June 17-19 to. Armenia recalls Belarus envoy for consultations Armenian Ambassador to Belarus has been called to Yerevan for consultations, a spokesperson for the Foreign Ministry reveals. |