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GOVERNMENT PLEDGES TO PROTECT ALL DEPOSITS
14:23, 17 Dec 2014
The current developments on the financial market are mainly connected
with global and regional developments not exempt from obvious
speculative elements, Armenian Prime Minister Hovik Abrahamyan said
in a statement.
"In the light of such spontaneous global trends, the Armenian
Government remains committed to the policy of floating exchange rate,
which is necessary for avoiding long-term instability," he said.
"The Government supports the efforts of the Central Bank of Armenia
targeted at maintaining the stability of the financial system and
takes all measures to ensure the normal activity of the system and
protect the rights and interests of legal entities and citizens,"
the Prime minister added.
According to him, "all depositors should be confident that the Republic
of Armenia has a guarantee system of active deposits, that both the
Central Bank and the Government are doing and will be doing the best
to protect the deposits of the citizens."
"The Government keeps in touch with its international partners and is
confident that with joint efforts and sober reasoning we'll manage
to ensure stability on the financial and consumption market and
restrain the senseless rise of prices of consumer goods," PM Hovik
Abrahamyan said.
http://www.armradio.am/en/2014/12/17/government-pledges-to-protect-all-deposits/
14:23, 17 Dec 2014
The current developments on the financial market are mainly connected
with global and regional developments not exempt from obvious
speculative elements, Armenian Prime Minister Hovik Abrahamyan said
in a statement.
"In the light of such spontaneous global trends, the Armenian
Government remains committed to the policy of floating exchange rate,
which is necessary for avoiding long-term instability," he said.
"The Government supports the efforts of the Central Bank of Armenia
targeted at maintaining the stability of the financial system and
takes all measures to ensure the normal activity of the system and
protect the rights and interests of legal entities and citizens,"
the Prime minister added.
According to him, "all depositors should be confident that the Republic
of Armenia has a guarantee system of active deposits, that both the
Central Bank and the Government are doing and will be doing the best
to protect the deposits of the citizens."
"The Government keeps in touch with its international partners and is
confident that with joint efforts and sober reasoning we'll manage
to ensure stability on the financial and consumption market and
restrain the senseless rise of prices of consumer goods," PM Hovik
Abrahamyan said.
http://www.armradio.am/en/2014/12/17/government-pledges-to-protect-all-deposits/