  MP says budget-stipulated inflation rate feasible November 9, 2011 - 16:23 AMT PanARMENIAN.Net - The chairman of parliamentary committee for financial-credit and budgetary affairs believes stage budget-stipulated inflation rate of 4% (±1,5%) is achievable. According to Gagik Minasyan, “major inflation pressure reported in early 2011 has now subsided, with a 5,7% inflation rate observed in Oct and that of 0,9% from Dec-Oct.” “Whatever the developments are, budget-envisaged inflation rate is feasible in December,” Minasyan stressed.   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. |
