ARTSVIK MINASYAN: JOINT PLATFORM MUST BE CREATED FOR RESTRICTING THE INFLATION

ARMENPRESS
APRIL 20, 2011
YEREVAN

YEREVAN, APRIL 20, ARMENPRESS: It is necessary to create a general,
joint platform for restricting the inflation, member of the ARF faction
Artsvik Minasyan said at a news conference today. This joint platform,
he said, must involve all the establishments relating to the processes
on restriction of inflation. It means that as a result of ineffective
policy of restriction of inflation all will be held accountable.

The parliamentarian noted that ARF presented a package consisting of
50 suggestions, of which 11 refer to the restriction of inflation. He
pointed out the suggestion on targeting the inflation index.

~SToday the inflation is targeted with 12-month period and the
normative becomes the index registered at the end of the year. We
suggest targeting the average inflation to make the policy effective.

Registering the index established only at the end of the year is not
enough as many blows may be fixed during the year~T, Minasyan said.

According to him, all the establishments must unite, act in
collaboration and the goal of the executive power must be the
improvement of social-economic situation of the country, expansion
of the employment rate, creation of jobs, diversification of economy
and equal development.




From: A. Papazian