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 | Armenia Security Council chief traveling to Qatar Secretary of the Security Council of Armenia Armen Grigoryan will travel on a working visit to Qatar. Pillars installed in Armenian border village of Kirants In the Armenian village of Kirants, three border markers have been installed, and border guards stand next to them. 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. |