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Martin Galstyan says regulator's mandate does not need to be expanded

16.04.2020 19:17

Martin Galstyan says  regulator's mandate does not need to be expanded

YEREVAN, April 16. /ARKA/. Martin Galstyan, a member of Armenia's Central Bank Board, nominated by the ruling My Step parliamentary faction as a candidate to replace Artur Javadyan as chairman of the regulator, was asked during a parliament session today whether he believes that the regulator must be vested with broader authority.

“I believe that in the current situation the goals of the regulator are to ensure the stability of prices and the financial system. What it needs now is only effective coordination,” he said.

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