Consumer prices in Armenia were up 8.8 percent year-on-year in August after 8.2 percent inflation in July. Inflation in August was 0.4 percent compared to a month earlier when the consumer price index declined by 0.5 percent.

Funds are aimed at facilitating better connectivity in the Central Asia region and beyond as well as promoting international flight safety standards, EBRD said.

This financing is part of a wider EU4Business and EBRD credit line – a financing instrument to boost the competitiveness of local firms in the Eastern Partnership region.

SOCAR said that Kazakhstan planned to use BTC for its oil from the North Buzachi onshore oilfield that was developed by Chinese companies CNPC and Sinopec.

The rate on access operations to provide liquidity was set raised to 10.50 percent, and the rate on access operations to withdraw liquidity - to 8.50 percent.

The country's National Bank said that economic growth this year would be in a range of 3.5-3.8 percent.