ECONOMIC FORECAST PLATFORM WEBSITE LAUNCHED
ARKA
April 14, 2008
YEREVAN, April 14. /ARKA/. A new website – Economic Forecast Platform –
was presented in Yerevan. The site will be active at since
April 15, Chief of Financial Department of the Central Bank of Armenia
(CBA) Artur Nakhshikyan reported after presenting the main monetary and
credit policy trends of CBA to the representatives of Armenian banks.
The website will provide forecasts of independent experts on major
macroeconomic showings, economic growth, inflation and REPO operations.
The project aims to enhance awareness and interest in macroeconomic
developments, as well as to create a room for independent experts
acting out of the CBA structure who can get involved in professional
discussions and disputes.
Forecast information will be accumulated quarterly and put on the
website every 12th day of the month following each quarter. On the
same day the CBA will publicize the monetary and credit policy trends
for the next quarter and forecasts on economic developments.
The organizers pledge to provide only professional forecast and
analysis free of political implication. In fact, experts’ assessments
will not necessarily be similar with the official position of the
structures they are working with.
University professors, leading specialists of banks and consulting
companies, as well as well-known economists will act as experts.
AEPLAC Regional Director Tigran Jrbashyan stressed the importance
of avoiding politicization of the website to ensure success for
the project.