26/04/2013 20:26
Deputy finance minister: Bagratian makes elementary errors
“Hrant Bagratian says he has highest academic titles as an economist, but he makes elementary errors. He made a mistake related to deflator on his Facebook page recently. A deflator does not include the change in import prices, whereas consumer prices include this change. For this reason the deflator in 2012 was 1.6%, while the growth in consumer prices made 2.6%, “Deputy Finance Minister Vardan Aramian told reporters today.
We would remind you that Hrant Bagratian wrote on Facebook that the government achieved 7.2% economic growth through manipulation of figures.