Expert: Government Of Armenia Should Subsidize Expenses Of Vulnerabl

EXPERT: GOVERNMENT OF ARMENIA SHOULD SUBSIDIZE EXPENSES OF VULNERABLE POPULATION PARTIALLY IN CASE OF GAS PRICE INCREASE

ARKA
Feb 25, 2010

YEREVAN, February 25. /ARKA/. In case of gas price increas, the
system of partial subsidization for vulnerable population should be
introduced, said Tatul Manaseryan, Advisor to the Chairman of Armenian
National Assembly on Thursday.

"It will be a kind of protection for this part of population", he said.

Total increase of prices will follow the increase of gas prices which
will affect competitiveness of economy in general.

"Gas is not the only factor affecting economy and the situation will
stabilize very soon", said Manaseryan.

"ArmRosgasprom" suggests to increase gas prices for the subscribers to
136 thousand drams using up to 10 thousand cubic meters monthly from
April 1, 2010 (all prices are presented including VAT). Regulatory
Commission of Public Services discussed the proposal and suggests to
approve the price of 132 thousand drams instead of 136 thousand drams.

Final review will take place on February 26, 2010. ($1 – 382.41
drams).