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As a result of the Central Bank’s adequate steps and policies, the year closes without sharp upheavals; the president to Martin Galstyan

The President of the Republic, Vahagn Khachaturyan, received the President of the Central Bank, Martin Galstyan.

Welcoming the guest, President Khachaturyan specifically noted that during the past year, due to adequate steps and policies of the Central Bank, the year closed with economic growth and without sharp upheavals.

“The year is exceptional for all the central banks of the world, for the financial systems, according to my observations, the actions of the Central Bank were adequate, and as a result of this adequacy, we have both economic growth and no shocks, no extraordinary phenomenon happened in the financial system. You know very well that the financial system likes calmness and controllability. I hope that you will continue in the same way next year,” stressed President Khachaturyan.

Martin Galstyan thanked for the reception and evaluation and noted that he always feels the support of the President of the Republic.

“We always feel your support in our mutual contacts, and we always try to keep you informed about the developments and our plans; as you already mentioned, the year was full of challenges, but the central bank, conducting a balanced policy, closes the year with quite good indicators compared to the region and developed countries” – said the president of the Central Bank.

During the meeting, the ways and risks of maintaining the stability and manageability of financial systems in the coming year and the measures to be taken by the Central Bank to neutralize the latter were discussed.

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