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August 11
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YEREVAN.- Armenia will register 5% inflation this year, half as much last year, said Armenian Prime Minster Tigran Sargsyan.

Speaking about 4.6% budgeted economic growth, he said that it is realistic approach stressing that it would contribute to reduction of poverty rate.

Premier explained increase in poverty rate by economic decline and high inflation registered in 2009-2010. In particular, economic decline made 14%, while inflation reaches 10%.

The government is trying to encourage economic growth and diversify economy, PM added

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