  ANC member forecasts no inflation problems in Armenia in 2012 March 14, 2012 - 14:09 AMT PanARMENIAN.Net - Armenia won’t experience any inflation-related problems, when comparing last year’s average index for January-December (7,7%) with that of the same period of 2010, according to Armenian National Congress (ANC) opposition bloc member and former Prime Minister of Armenia. According to Hrant Bagratyan forecasts, inflation-related problems won’t affect the global economy, either, if drastic climatic changes don’t befall the world. He further noted that Armenian authorities will manage to fulfill budget-stipulated inflation rate, with no salary increase expected. “This implies 3-5% drop in standard of living,” he said. The state budget envisages 4% (±1,5%) inflation index in Armenia for 2012.   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. |
