06/02/2014 15:15
Economy minister: Geography of Armenian imports will change
1.5% inflation is forecast following Armenia’s entry into the Customs Union, if there are no exceptions, Armenian Minister of Economy Vahram Avanesian told reporters today. The exceptions will be related to imports from Customs Union states, he added.
According to the minister, goods imported into Armenia from countries which are not members of the Customs Union will be either replaced by domestic goods or imported from CU states.
Asked if he will resign if the forecast about 1.5% inflation does not come true and inflation exceeds that index , Vahram Avanesian said: “I will not resign because of a wrong forecast”.