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On December 15, at the extraordinary sitting of the Standing Committee on Financial-Credit and Budgetary Affairs, in accordance with Article 145 of the RA Constitutional Law the Rules of Procedure the deputies debated the issue of the candidacy Armen Nurbekyan presented by the Civil Contract Faction for the vacancy of the Deputy Governor of the Central Bank (CB) and nominating as candidate for that position to the National Assembly.

The Committee Chair Gevorg Papoyan presented the candidate’s biography and the work career. It was noted that Armen Nurbekyan received scientific degree of Candidate for Physics and Mathematics Sciences. From 2020, he holds the positions of Director of Macro-Economic Department of the Central Bank and the Head of the Dilijan Educational-Research Centre.

Armen Nurbekyan thanked the Civil Contract Faction for nominating his candidacy. The candidate spoke about the upcoming activity of the CB, the strategy of the structure. According to Armen Nurbekyan, the only basis of the sustainable economic development is the stability of prices. “Today both in Armenia and in the world the economic shocks and instability, unfortunately, don’t weaken, And in those conditions the CB should be a body ensuring stability,” the candidate noted.

As a result of voting the deputies endorsed Armen Nurbekyan’s candidacy.