Armenian official unable to name reasons behind rise in prices for cheeseNovember 10, 2010 - 14:22 AMT PanARMENIAN.Net - Chairman of the RA Parliamentary Standing Committee for Financial, Credit and Budgetary Affairs Gagik Minasyan said that the GDP growth will be from 2.4 to 3.6% by the end of 2010 in Armenia. It is too important that the export growth rates twice exceed the import growth rates, Minasyan told a press conference in Yerevan. “Besides, the growth rates of industry are rather high. However, high level of inflation is a very serious challenge faced by the Armenian authorities. Thus, serious measures are taken to tackle it,” he said. Commenting on the opinion that cheese market is monopolized, Minasyan said that it is not true. However, he was unable to name the reason behind the dramatic rise in prices for cheese. 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 | 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. |