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Armenian government bombast inflation through social programs and
unchangeable gas prices
Although Armenians are strong and accustomed to hardships, social
tensions threaten to transform into a revolt one day.
The population of Armenia can take a breath and stop worrying about
possible rise in prices for natural gas.
February 26, 2011
PanARMENIAN.Net -
`We are satisfied with the outcomes of the presidential meeting a
Saint Petersburg, where the tariffs on Russian gas for Armenia were
agreed. The prices will remain unchanged during 2011. Moreover, these
will be lowered for the poor,' said Armen Arzumanyan, spokesman for
the Armenian President.
Besides, the Armenian authorities are set to implement various social
programs aimed to alleviate tensions among the populations and to
assist local manufacturers. Specifically, the government approved an
AMD 538mln project for barley and corn production, cancelled official
checkup for farming machines and regulated the law on allowances for
temporarily disabled. In addition, 2000 Armenian citizens will be
given interest-free loans for customs clearance of cars driven from
Georgia.
The Armenian government also approved 14 programs at the total amount
of AMD 60bln for assistance to local enterprises, what is believed to
boost production and create job opportunities.
However, a large number of experts feel doubts about the measures.
They are confident that the collapse of the government system started
in 2010, due to inefficient usage of resources and lack of food stock
to counterbalance shocks.
It's not a secret that the Armenian market is monopolized and the
Central Bank is incapable to suppress inflation alone. Although
Armenians are strong and accustomed to hardships, social tensions
threaten to transform into a revolt one day.
Meanwhile, chairman of the Agrarian Peasant Union of Armenia (APUA)
Hrachya Berberyan believes that weather conditions in 2011 are
favorable for Armenia's agriculture compared to last year, when 14.5%
drop was recorded in the field. Prices for fruits should be lower this
year, depending on other factors as well, Berberyan told a
PanARMENIAN.Net reporter. Berberyan noted that prices for tomato will
be twice cheaper in 2011 in Armenia compared to 2010, as tomato seeds
for 500ha were distributed by APUA among farmers. According to him,
prices for cucumber will also decrease in 2011, due to the same
reason.
Victoria Araratyan / PanARMENIAN News
From: A. Papazian
unchangeable gas prices
Although Armenians are strong and accustomed to hardships, social
tensions threaten to transform into a revolt one day.
The population of Armenia can take a breath and stop worrying about
possible rise in prices for natural gas.
February 26, 2011
PanARMENIAN.Net -
`We are satisfied with the outcomes of the presidential meeting a
Saint Petersburg, where the tariffs on Russian gas for Armenia were
agreed. The prices will remain unchanged during 2011. Moreover, these
will be lowered for the poor,' said Armen Arzumanyan, spokesman for
the Armenian President.
Besides, the Armenian authorities are set to implement various social
programs aimed to alleviate tensions among the populations and to
assist local manufacturers. Specifically, the government approved an
AMD 538mln project for barley and corn production, cancelled official
checkup for farming machines and regulated the law on allowances for
temporarily disabled. In addition, 2000 Armenian citizens will be
given interest-free loans for customs clearance of cars driven from
Georgia.
The Armenian government also approved 14 programs at the total amount
of AMD 60bln for assistance to local enterprises, what is believed to
boost production and create job opportunities.
However, a large number of experts feel doubts about the measures.
They are confident that the collapse of the government system started
in 2010, due to inefficient usage of resources and lack of food stock
to counterbalance shocks.
It's not a secret that the Armenian market is monopolized and the
Central Bank is incapable to suppress inflation alone. Although
Armenians are strong and accustomed to hardships, social tensions
threaten to transform into a revolt one day.
Meanwhile, chairman of the Agrarian Peasant Union of Armenia (APUA)
Hrachya Berberyan believes that weather conditions in 2011 are
favorable for Armenia's agriculture compared to last year, when 14.5%
drop was recorded in the field. Prices for fruits should be lower this
year, depending on other factors as well, Berberyan told a
PanARMENIAN.Net reporter. Berberyan noted that prices for tomato will
be twice cheaper in 2011 in Armenia compared to 2010, as tomato seeds
for 500ha were distributed by APUA among farmers. According to him,
prices for cucumber will also decrease in 2011, due to the same
reason.
Victoria Araratyan / PanARMENIAN News
From: A. Papazian