CB Chairman Doesn’t Think Budget Revision Necessary

CB CHAIRMAN DOESN’T THINK BUDGET REVISION NECESSARY

PanARMENIAN.Net
08.04.2009 21:17 GMT+04:00

/PanARMENIAN.Net/ Armenian Central Bank will pursue expanded
money-and-credit policy, chairman Arthur Javadyan said. He also said
there is no need to review the national budget.

Central Bank experts forecast 2.9% GDP decrease in 2009. As to
inflation rate, it made 1.4% in March.