Minister says Russian inflation can reach 6.4% in 2013December 12, 2013 - 14:31 AMT PanARMENIAN.Net - Russian Finance Minister Anton Siluanov said Thursday, Dec 12, that inflation could reach 6.4 percent this year, overshooting the central bank’s target of up to 6 percent, RIA Novosti reported. “It [inflation] will be about 6.3 percent to 6.4 percent,” Siluanov said. The central bank, which has control over interest rates used for fighting consumer price rises, sought to bring down inflation. But Russia has consistently failed to keep inflation within its target bands. The central bank was aiming for a 5 to 6 percent rise in consumer prices in 2013. Inflation in 2012 was 6.6 percent, which also missed the regulator’s target range for that year. Related links: 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 | Armenia Security Council chief traveling to Qatar Secretary of the Security Council of Armenia Armen Grigoryan will travel on a working visit to Qatar. Armenian Foreign Minister regrets “tragic loss” of Iranian counterpart The Armenian Foreign Ministry has expressed shock over the death of the Iranian President and the Minister of Foreign Affairs. Armenian PM sends condolences to Iran Prime Minister Nikol Pashinyan sent a message of condolence to the Supreme Leader Seyyed Ali Khamenei. Armenia, Turkey discuss restoration of historic bridge The meeting took place on May 17 in Ashgabat on the sidelines of an international conference of ministers of culture. |