PaperBoy Posted March 27, 2010 Report Share Posted March 27, 2010 Because of overdollarized Armenian economy, control over inflation is one of the main challenges Armenian government faces, Chief Executive Officer of HSBC Bank Armenia, Astrid Clifford stated. Inflation in Armenia remains high: price increase is observed in consumer market, caused by the impending price rise for energy carrier tariffs (gas price increase is expected on April 1); summer will see water price increase. Local forecasts are also unfavorable. Source: http://208.86.186.130/~frontend/eng/economy/details/45438/ Quote Link to comment Share on other sites More sharing options...
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