April 1, 2006 - 17:49 AMT
Rise in Gas Price to Have Negative Impact on Socially Insecure Class
"The new gas price will have no awful impact," WB Yerevan Office Head Roger Robinson stated at press conference. He said that the World Bank experts haven't completed researches on the future impact of the new gas tariffs on the Armenian economy yet. He added that the negotiations of RA Government with the Russian side of the above-mentioned issue haven't completed either. At the same time, he expressed the opinion that certainly, the increase in tariffs for gas will have some impact on the economy of Armenia, but that will not be that awful as some people expect. Naturally, it will have negative impact on socially insecure class and the prices for some goods. The rise in tariffs will not have big impact on the industrial sector, as the industrial companies will apply economical energy regimes. Robinson also stated that the rise in gas tariffs would have no impact on the prices for imported goods either, reported Azg.