President Vahagn Khachaturyan received the Central Bank Governor Martin Galstyan

President Vahagn Khachaturyan received the Central Bank Governor Martin Galstyan

Welcoming the guest, President Khachaturyan particularly noted that during the past year, thanks to the adequate steps and policies of the Central Bank, too, the year culminates with economic growth and without sharp upheavals.

“This year is very unique for all central banks around the world and financial systems. Based on my personal observations, the actions of the Central Bank were very adequate, which resulted in having economic growth and facing no shocks, nothing extraordinary happened in the financial system. You know it well, too, that the financial system likes calmness and controllability. I hope you will carry on like this next year,” highlighted President Khachaturyan.

Martin Galstyan expressed his gratitude for the reception and appreciation, and noted that he always feels the support of the President.

“We always feel your support in our mutual contacts, we always try to keep you abreast of developments and our projects. As you noted, the year was full of challenges, but following a balanced policy, the Central Bank closes the year with quite good indicators compared to the region and developed countries,” said the CB Governor.

During the meeting, the sides discussed the ways and risks of maintaining the stability and manageability of financial systems in the upcoming year, as well as the measures the Central Bank will adopt to neutralize those risks.