  Arthur Javadyan: CBA will try to secure planned inflation rate by yearend  October 18, 2010 - 14:11 AMTPanARMENIAN.Net - The Central Bank of Armenia will try to secure the 4±1.5% inflation rate envisaged by the 2010 national budget. According to Javadyan, there were external shocks related to increase in prices for wheat, which have considerably affected the inflation rate in Armenia, “as bread and cereal products make significant share in our consumer basket.” “We faced problems in agriculture, what has caused inflation,” said Javadyan.   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 Mirzoyan says meeting with Bayramov was “constructive”  At the moment, Ararat Mirzoyan said, there is no basis for additional comments.OSCE vows support for Armenia “in all three directions of security” Achieving stable peace between Armenia and Azerbaijan remains a priority of the OSCE, said Ian Borg.151 detained as civil disobedience campaigns continue in Yerevan Citizens have been blocking streets in the Armenian capital, demanding Nikol Pashinyan’s resignation.France welcomes Armenia-Azerbaijan meeting in Almaty France has welcomed the new round of negotiations between the foreign ministers of Armenia and Azerbaijan. |
