Armenian PM expects 6% inflation by end of 2011April 29, 2011 - 13:05 AMT PanARMENIAN.Net - High inflation rate was Armenia’s hardest challenge over the past two years and the government will aim to lower the inflation rate to 6% by the end of 2011, Prime Minister Tigran Sargsyan said. “Our goal is phased reduction of inflation to bring it to the pre-crisis level. All preconditions will be created for a lower inflation rate in 2012,” he said during the founding meeting of Armenian Trade Network summoned on the initiative of Diaspora Ministry. The event brought together 30 specialists from 9 countries. 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 PM meets Iran’s Supreme Leader in Tehran Prime Minister Nikol Pashinyan had a meeting with Supreme Leader of the Islamic Revolution Seyyed Ali Khamenei Ruling MP accuses opposition of “serving other countries' interests” Khachatur Sukiasyan has accused Armenia’s opposition of serving the interests of other countries Protest leader vows to achieve departure of Armenian authorities According to Archbishop Bagrat, there is only one solution to the situation in Armenia. Heads of Armenian, Ukrainian parliaments hold virtual talks Alen Simonyan and Ruslan Stefanchuk held talks via video conference on Tuesday, May 21. |