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ARMENIA EXPECTS 4% (±1.5%)INFLATION IN 2009:MINISTER
ARKA
Oct 24, 2008
YEREVAN, October 24. /ARKA/. Armenia expects 4% (±1.5%) inflation
in 2009, RA Minister of Finance Tigran Davtyan reported at today's
parliamentary hearings on the draft budget for 2009.
"This is both a realistic and ambitious task, as few countries are
able to keep inflation at 4%," the minister said.
He believes Armenia is able to remain within inflation target, taking
into account that inflation pressure has weakened significantly.
The annual inflation was 11.3% in September 2008. Armenia expects to
record 4% (±1.5%) inflation by end-2008
--Boundary_(ID_6p2OH2ah0ops2xJNMGldHA)--
From: Emil Lazarian | Ararat NewsPress
ARKA
Oct 24, 2008
YEREVAN, October 24. /ARKA/. Armenia expects 4% (±1.5%) inflation
in 2009, RA Minister of Finance Tigran Davtyan reported at today's
parliamentary hearings on the draft budget for 2009.
"This is both a realistic and ambitious task, as few countries are
able to keep inflation at 4%," the minister said.
He believes Armenia is able to remain within inflation target, taking
into account that inflation pressure has weakened significantly.
The annual inflation was 11.3% in September 2008. Armenia expects to
record 4% (±1.5%) inflation by end-2008
--Boundary_(ID_6p2OH2ah0ops2xJNMGldHA)--
From: Emil Lazarian | Ararat NewsPress