Current developments are better than expected, cenbank governor says on economic growth

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 16:27, 14 September, 2021

YEREVAN, SEPTEMBER 14, ARMENPRESS. The current developments of economic growth in 2021 are better than projected, Central Bank Governor Martin Galstyan said at a press conference.

Galstyan said this is due to greater growth in agriculture and services.

“Gross demand is growing faster than expected too, which is greatly contributed to by the high growth of private consumption – the bigger than expected volumes of monetary transactions from abroad and the positive environment of foreign demand,” he said.

However, the growth of private investments is still comparably restrained.

Galstyan added that the short-term acceleration of inflation in recent months is mostly due to the increase in prices of seasonal food products, while the normal increase has formed lower than expected.

Editing and Translating by Stepan Kocharyan

Risks of inflation deviation are balanced, says cenbank governor

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 16:52, 14 September, 2021

YEREVAN, SEPTEMBER 14, ARMENPRESS. The Board of the Central Bank is projecting that by yearend 2021 the 12-months inflation will be maintained in the high level, but then in 2022 it will reach the target 4% indicator, Central Bank governor Martin Galstyan said at a news conference. He added that the inflation will stabilize in the mid-term segment.

Galstyan said the risks of the inflation deviating from the mid-term trajectory amid uncertainties over economic prospects are balanced. “In the event of such manifestations the central bank is ready to react accordingly by securing the implementation of the goal of stability of prices,” he said.

Editing and Translating by Stepan Kocharyan

Only comprehensive resolution can normalize Armenia-Azerbaijan relations – US embassy’s response to Baku

Only comprehensive resolution can normalize Armenia-Azerbaijan relations – US embassy’s response to Baku

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 16:57, 14 September, 2021

YEREVAN, SEPTEMBER 14, ARMENPRESS. The United States – as an OSCE Minsk Group Co-Chair – remains committed to engaging towards a lasting political settlement to the Nagorno Karabakh conflict, and is certain that only a comprehensive resolution can normalize the relations between Armenia and Azerbaijan, the US Embassy in Armenia told ARMENPRESS when asked to comment the Azerbaijani foreign ministry’s latest statement.

“As a Minsk Group Co-Chair, we remain committed to engaging towards a lasting political settlement to the NK conflict and urge Armenia and Azerbaijan to return as soon as possible to substantive discussions under the auspices of the OSCE Minsk Group Co-Chairs to achieve this goal. Only a comprehensive resolution that addresses all outstanding issues can normalize relations between the two countries and allow the people of the region to live together peacefully,” the US Embassy said.

On September 12 Azerbaijani Foreign Ministry spokesperson Leyla Abdullayeva labeled “unacceptable” the US Ambassador to Armenia Lynne Tracy’s September 11 statement that the US “doesn’t consider the status of Nagorno Karabakh resolved.” Baku went as far as accusing the US Ambassador to Armenia in “undermining the future activities of the Minsk Group”.

Reporting by Aram Sargsyan

Editing by Stepan Kocharyan

One more body found during search operations in battle zones, says Artsakh

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 17:13, 14 September, 2021

YEREVAN, SEPTEMBER 14, ARMENPRESS. One more body of the 2020 Artsakh War casualty has been found during the search operations in the battle zones on September 14, the State Emergency Service of Artsakh said today.

The search operations were carried out in Varanda.

“He will be identified after forensic examination”, the statement says.

So far, a total of 1666 bodies have been found during the search operations.

 

 

Editing and Translating by Aneta Harutyunyan

Central Bank of Armenia: exchange rates and prices of precious metals – 14-09-21

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 17:25, 14 September, 2021

YEREVAN, 14 SEPTEMBER, ARMENPRESS. The Central Bank of Armenia informs “Armenpress” that today, 14 September, USD exchange rate down by 1.69 drams to 490.19 drams. EUR exchange rate down by 0.82 drams to 579.16 drams. Russian Ruble exchange rate down by 0.02 drams to 6.72 drams. GBP exchange rate down by 0.38 drams to 679.55 drams.

The Central Bank has set the following prices for precious metals.

Gold price down by 108.54 drams to 28271.82 drams. Silver price down by 8.32 drams to 371.62 drams. Platinum price down by 352.53 drams to 15098.05 drams.

Armenian President, Foreign Minister of Slovakia refer to development prospects of Armenia-EU cooperation

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 17:58, 14 September, 2021

YEREVAN, SEPTEMBER 14, ARMENPRESS. President of Armenia Armen Sarkissian received today Minister of Foreign Affairs of Slovakia Ivan Korčok, who is in Armenia on an official visit, and the delegation led by him.

As ARMENPRESS was informed from the press service of the President’s Office, Armen Sarkissian greeted the high-ranking guest and said that the two countries, as well as Armenia and the EU have a brilliant history of relations, but it’s necessary to talk about the future and the plans for the future.

The Foreign Minister of Slovakia noted that they want to work in the direction of developing bilateral relations.

‘’ Slovakia has friendly attitude towards Armenia, the two countries have a high-level political dialogue, which is a good basis for developing mutually beneficial cooperation in various fields’’, the Minister said.

Ivan Korčok stressed the great potential in the sphere of economy, including business relations, trade and economic relations, cooperation in various fields, and the need for its effective realization. He also highlighted the expansion of cultural partnership to bring the two peoples closer.

The President of Armenia and the Minister of Foreign Affairs of Slovakia also exchanged views on the situation and challenges in Armenia and the region after the war.

The sides also touched upon the deepening and development prospects of Armenia-EU cooperation in different directions.

Nikol Pashinyan comments on the arrival of Covid-19 vaccines sent by France

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 19:00, 14 September, 2021

YEREVAN, SEPTEMBER 14, ARMENPRESS. Prime Minister of Armenia Nikol Pashinyan made a post on his Twitter page in French on the occasion of sending the first batch of vaccine donated by France to Armenia.

“In confirmation of the Armenian-French friendship, the first 25,000 doses of the 200,000 doses of vaccines donated by France to Armenia in the fight against COVID-19 have arrived in Yerevan’’, ARMENPRESS reports the PM wrote.

Syunik is a priority for the U.S. Embassy – Governor receives newly appointed Deputy Ambassador Chip Laitinen

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 19:58, 14 September, 2021

YEREVAN, SEPTEMBER 14, ARMENPRESS. The Governor of Syunik Melikset Poghosyan received the newly appointed US Deputy Ambassador to Armenia Chip Laitinen, ARMENPRESS was informed from the Governorate of Syunik.

The US Deputy Ambassador was accompanied by the military attaché of the embassy, the head of the political and economic office, who are also newly appointed.

According to Deputy Ambassador Laitinen, US Ambassador Extraordinary and Plenipotentiary to Armenia Lynne Tracy wished them to start their first visit to Armenia from Syunik, emphasizing that the region is a priority in terms of the activities of the embassy.

The US Deputy Ambassador expressed the desire to get acquainted with the situation on the ground and understand how they can continue to support democratic and economic development, as well as learn about security issues.

The Governor of Syunik Melikset Poghosyan presented the situation in the region in the post-war period, the concerns of the leadership and the population of the region, the problems related to the new border situation.

During the meeting the parties discussed issues related to security, roads and traffic, economic and other issues.

The Governor expressed readiness for further active cooperation, and referring to the programs implemented by the USAID in the region, he expressed hope that they will be continuous.

Battalion commander jailed in investigation into 2020 December mass capture of Armenian troops

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 09:43, 15 September, 2021

YEREVAN, SEPTEMBER 15, ARMENPRESS. A Lt. Colonel of the Armenian Armed Forces who was serving as battalion chief of staff at a military base in Khtsaberd (Artsakh) where 62 Armenian servicemen were taken captive by the Azerbaijani military on December 13, 2020 has been placed into custody on charges of desertion, failure to obey the superior’s order, negligence, absence without official leave and bribery, the Investigative Committee said.

The Lt. Colonel was listed in the reserve at the time of the indictment being announced.

On September 14 a court approved pre-trial detention for the Lt. Colonel.

Editing and Translating by Stepan Kocharyan