POPULATION'S DEBTS ON ELECTRICITY ACCUMULATED TILL 2002 TO BE PAID OFF
AT THE EXPENSE OF PROFIT FROM SALE OF ZANGEZUR COPPER-MOLYBDENUM GROUP
OF ENTERPRISES
YEREVAN, December 30 (Noyan Tapan). According to the RA government's
press service, the Kajaran Council of Elders made a decision: to
transfer 27 mln dollars for the complete payment of the population's
debts on electricity accumulated as of 1 October 2002 from the funds
transferred to the communal budget of Kajaran as a result of the sale
of the "Zangezur Copper-Molybdenum Group of Enterprises" CJSC, which
is situated within the administrative bounds of the town. According to
the same source, the decision was made taking into account the
proposals of the RA President and the RA Prime Minister on the payment
of the debts of the population at the expense of these funds. By the
government's decision N 1318-A of 28 August 2002, these debts passed
to the "Armgasprom" CJSC after the privatization of the "Electricity
Networks of Armenia" CJSC. On December 28, RA Minister of Energy Armen
Movsisian was instructed to stop the collection of the population's
debts accumulated till 1 October 2002 and to submit the mechanism of
payment of these debts and the list of debtors within 20 days.
Announcement
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Electricity Debts Till 2002 to Be Paid from Copper Plant Sale
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