Bagrat Asatryan: inflation major problem in ArmeniaDecember 23, 2010 - 12:14 AMT PanARMENIAN.Net - The inflation rate in Armenia in 2010 was the highest over the past 15-16 years, former chairman of the Central Bank of Armenia said. “According to official data, the index exceeded 8%,” Bagrat Asatryan told journalists on December 23. “The CBA has taken up the policy of 2008-2009, intervening in the foreign currency market deals,” he said. “The monopolization of the country’s economy, the rule of oligarchs and bribe takers are the reasons behind high inflation rate.” 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 | Macron honors Charles Aznavour on 100th anniversary French President Emmanuel Macron has paid tribute to the memory of French-Armenian crooner Charles Aznavour. Erdogan’s approval rating falls below 40 percent: survey A total of 53.4 percent of respondents said they disapprove of the performance of Erdoğan. Blinken says U.S. reviewing a number of aid requests from Armenia He said the U.S. is reviewing the requests to determine what more it can do to increase its assistance to Armenia. At least 2 CSTO members participated in preparing 44-day war against Armenia – PM Nikol Pashinyan has declared that at least two CSTO member countries participated in preparations for the 44-day war against Armenia. |