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Armenia can mitigate growing prices for electric power and gas

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  • Armenia can mitigate growing prices for electric power and gas

    Armenia can mitigate growing prices for electric power and gas through
    cut in prices for bread and petrol

    2009-03-12 14:34:00


    ArmInfo. Armenia can mitigate the growing prices for electric power
    and gas through cut in prices for bread and petrol, ex-Chairman of the
    Central Bank of Armenia, member of the oppositional Armenian Congress
    Bagrat Asatryan told journalists today.

    According to him, the state is enabled to bring the real prices for
    wheat and flour, purchased in Russia, in line with the retail trade
    prices in Armenia. 'The price for wheat in Russia in 2008 reduced
    almost twice. If we succeed to achieve a proportional cut in prices in
    Armenia, it will essentially facilitate the citizens' budget. The same
    concerns the petrol and all the kinds of goods the prime cost of which
    it is included in', B. Asatryan said. To recall, the prices for
    electric power and gas in Armenia will expectedly grow by 10- 15%
    started April1, 2009.
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