  Gas tariff drop to lead to declining energy prices: Armenia Minister May 4, 2016 - 14:01 AMT PanARMENIAN.Net - The reduction of gas tariffs will obviously have a positive impact on Armenia’s economy, Minister of Economy Artsvik Minasyan told reporters Wednesday, May 4. “The positive impact is largely determined by the amount of reduction and the sectors to be affected by the drop,” Minasyan said, according to Panorama.am. “The gas tariff decrease will cause a drop in electricity prices, which, in turn, will lead to cost reduction and competitiveness enhancement of our product.” “Such developments will naturally have an impact on commodity prices too,” Minasyan added.   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Turkey extends military presence in Azerbaijan  The Turkish parliament has adopted a bill submitted by Recep Tayyip Erdogan to extend the mandate of Turkish troops.Russia to begin assessing migrant workers' speaking skills Rosobrnadzor is planning to change the Russian language exam for migrant workers and include an assessment of speaking skillsArmenian, Saudi Foreign Minister meet in Riyadh The two commended the positive dynamics of the development of political dialogue between Armenia and Saudi ArabiaPashinyan: Azerbaijan’s proximity shouldn’t worry border residents At the same time, he said that he “does not guarantee [the security of villagers] one hundred percent”. |
