IMF report posts 2,8% inflation rate in ArmeniaNovember 13, 2012 - 17:39 AMT PanARMENIAN.Net - According to IMF report, the highest consumer price inflation in Caucasus and Central Asia was posted in Uzbekistan (12,9%), Tajikistan (6%) and Kazakhstan (5%.) 4,3% inflation was reported in Turkmenistan, followed by Azerbaijan (3%), Kirghizia (2,9%), Armenia (2,8%) and Georgia 0,2%. IMF forecasts mild inflation rate in 2012 due to rapid slump in consumer prices in oil- and gas- importing countries. However, a global consumer price increase will trigger new growth in inflation rates. Kazakhstan, Azerbaijan, Turkmenistan and Uzbekistan are regional oil and gas exporters, while Armenia, Georgia, Kirghizia and Tajikistan are importing oil and gas. 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 | Get Started: An educational platform for young startuppers The Get Started program which operates in two phases is an important platform for young startuppers. Byblos Bank Armenia celebrates Students' Day with scholarship recipients YSU students who received scholarships from Byblos Bank Armenia gathered in a casual setting to meet with the Bank's CEO, Hayk Stepanyan. Armenia border residents dissatisfied with delimitation Residents Kirants are dissatisfied with the results of the delimitation of the border between Armenia and Azerbaijan. “Great success”: Pashinyan pleased with new border protocol Pashinyan has described the signing by Armenia and Azerbaijan of a protocol on delimitation in Tavush as “a great success”. |