YEREVAN, November 8. /ARKA/. CBA Board of Armenia approved the program of monetary-credit policy for the forth quarter of 2011, press-service of CBA informed ARKA News Agency.

According to the program of monetary-credit policy for the third quarter approved at the beginning of May, where tendencies of development of the main branches of Armenian economy by the end of 2011 were forecasted, economic growth of Armenia is envisaged in the amount of 4.7-5.5%.

In construction sphere, real value added growth was forecasted in the range of 0.6-2.6% and industry – 8.3-10.3%.

Categories: Banks @en, General news, News | Comments Off on Central bank of Armenia approved the program of monetary-credit policy for the 4th Quarter of 2011

Tags: Armenia, Central Bank, monetary-credit policy

Read more

CBA expects increase of average nominal salary by 6% in the 2nd Q of 2011, “Program of monetary-credit policy of Central Bank of Armenia for the third quarter of 2011” states.

Categories: Banks @en, General news, News, News of the hour | Comments Off on CBA expects increase of nominal salary by 6% in the 2nd quarter of 2011

Tags: CBA, monetary-credit policy

Read more