Armenia enters 2013 with active economy and low and stable inflation.
CB President
18:52, 28 December, 2012
YEREVAN, DECEMBER 28, ARMENPRESS: The most importance achievement of
2012 is ensuring macroeconomic stability which is going to create a
favorable environment for economic growth in several years.
Armenpress reports this was noted by Central Bank president Artur
Javadyan during December 28meeting with journalists. According to him
Armenia enters 2013 with active economy and low and stable inflation
and next year efforts will be aimed to ensure their continuity.
CB President noted that with current transparency and recorded results
Central Bank had gained the public trust.
`I am glade to note that the experience of the Central Bank of Armenia
among those developing countries which adopted inflation targeting
strategy is one of the best. Moreover, The International Monetary Fund
plans to use our experience as an example for developing countries,’
he said.
Artur Javadyan reminded that pension reforms and affordable mortgage
programs were at the center of attention of Central Bank in 2012.
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