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Armenian expert says Central Bank and government have sufficient instruments to half inflation

16.03.2011 15:21

Armenian expert says Central Bank and government have sufficient instruments to half inflation

YEREVAN, March 16, /ARKA/. Tatul Manaserian, head of ‘Alternative’ think-tank, argued today that the Central Bank of Armenia (CBA) and the government have sufficient instruments not only to half the inflation but bring it even to a lower level. According to government data, the 2011 February inflation upped by 1.9% from January to drag the 12 month inflation up to 12.4%.

“Naturally, no government is able to have zero inflation. Moreover, a slight inflation may work as a development stimulus,’ he said speaking at a news conference at Novosti international press center.

During a meeting with top government officials on March 11 president Serzh Sargsyan urged the Central Bank and the government to work hard to have inflation halved by the end of the year.

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Alternative think-tank says effective economic policy required to solve very serious problems

16.03.2011 15:17

Alternative think-tank says effective economic policy required to solve very serious problems

Tatul Manaserian, head of ‘Alternative’ think-tank, said today to resolve a set of very serious problems the Armenian authorities should develop an effective economic policy.

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