Armenia Expects 4% =?unknown?b?KMKxMS41JSk=?= Inflation In 2009: Min

Emil Lazarian News

ARMENIA EXPECTS 4% (±1.5%)INFLATION IN 2009:MINISTER

ARKA
Oct 24, 2008

YEREVAN, October 24. /ARKA/. Armenia expects 4% (±1.5%) inflation
in 2009, RA Minister of Finance Tigran Davtyan reported at today’s
parliamentary hearings on the draft budget for 2009.

"This is both a realistic and ambitious task, as few countries are
able to keep inflation at 4%," the minister said.

He believes Armenia is able to remain within inflation target, taking
into account that inflation pressure has weakened significantly.

The annual inflation was 11.3% in September 2008. Armenia expects to
record 4% (±1.5%) inflation by end-2008

–Boundary_(ID_6p2OH2ah0ops2xJNMGldHA)–

From: Emil Lazarian | Ararat NewsPress

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Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS