  MP forecasts 4% inflation rate by yearend October 16, 2012 - 14:05 AMT PanARMENIAN.Net - Chairman of Armenian NA Standing Committee on Financial-Credit, Budgetary and Economic Affairs, member of the ruling Republican Party of Armenia (RPA) Gagik Minasyan forecasts 4% inflation rate by the end of 2012. “4% inflation index is likely to be recorded in Armenia by yearend, given the 2,5% growth reported in January-August,” he said, adding that 2013 draft budget envisages 4±1,5% inflation rate. “7,1% economic growth will be recorded in Armenia in 2012, but it will go down to 6,2% in 2013,” the MP said.   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 Viva sees growing demand for cloud services  In recent years, medical institutions are starting to make use of Viva’s cloud servicesTurkey replacing term "Central Asia" with "Turkestan" in textbooks The Turkish Ministry of Education is replacing the term "Central Asia" with "Turkestan" in textbooks.Armenian, German presidents meet in Berlin Armenian and German Presidents Vahagn Khachaturyan and Frank-Walter Steinmeier met in Berlin.Armenia assumes presidency of Mediterranean Network of Regulatory Authorities The Commission on Television and Radio of Armenia said it expects productive cooperation in various formats. |
