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Development on the expense of emigrants

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  • Development on the expense of emigrants

    A1plus

    | 18:52:52 | 25-05-2005 | Politics |

    DEVELOPMENT ON THE EXPENSE OF EMIGRANTS

    Only 10 of the 131 deputies were interested in the RA Central Bank 2004
    report that Tigran Sargsyan represented in the NA today. In the report there
    was information about the economic growth, and the effective
    financial-credit policy.

    For example, Tigran Sargsyan informed that in 2004 the bank transfers have
    grown for 56% in comparison to 2003. Of course no one explained the reason
    for this, but it was clear that the people who have migrated from Armenia
    send money to their relatives. According to the Central Bank head 74% of the
    bank transfers are from Russia and USA.

    In his report Tigran Sargsyan also referred to the consumer basket.
    Mentioning that in the past year the costs of some goods have risen, the
    chief banker of the country tries to convince those present that it did not
    affect the consumer basket. Tigran Sargsyan grounded his conviction saying
    that in the consumer basket about 400 types of goods are calculated. They
    exclude realty, cars etc. The CB head claims that in 2004 only those goods
    have become more expensive.
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