An Armenian parliament member from the opposition Armenian Revolutionary Federation/Dashnaktsutyun (ARF) party blamed the Central Bank for high inflation rate that is twice the target level.
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Archive for April 6th, 2011
ARF Parliament member blames Central Bank for high inflation rate
Wednesday, April 6th, 2011Armenia’s international gross reserves in 20011 February contract by 1.5%
Wednesday, April 6th, 2011Armenia’s international gross reserves in 2011 February contracted by 1.5% or $27.1 million from January to a total of 1.789.9 billion.
Agriculture still risky sector for banks: chairman
Wednesday, April 6th, 2011Ashot Osipyan, the chairman of the Union of Armenian Banks, said today the agriculture is one of the most risky sectors with specific risky factors which are impossible to evaluate, for example, climate-caused risks and this is a reason raising the cost of agricultural loans.
Opposition MP: bank credits in agriculture sphere are small
Wednesday, April 6th, 2011Banking resources for crediting agriculture sphere in Armenia are not used optimally, MP of opposition faction “Dashnaktsutyun” Artsvik Minasyan considers.
Opposition MP: tendencies of development of financial market in Armenia is dangerous for its consistency
Wednesday, April 6th, 2011Today financial market is not developed and consistent in Armenia, MP of opposition faction “Dashnaktsutyun” Artsvik Minasyan considers.
EurAsEs fund discusses the application of Armenia for funding of the projects
Wednesday, April 6th, 2011Anti-crisis fund EurAsEs discusses the applications of five participant-states for funding of the projects in the amount of 4.7 billion dollars.
Union of Banks of Armenia: low rate credit program in agriculture to be effective
Wednesday, April 6th, 2011Government program on the provision of low rate credits in agriculture will be effective.
