ANATOLY CHUBAYS: "THE RATES OF GROWTH OF THE ECONOMY IN ARMENIA ARE HIGHER THAN IN RUSSIA"

PanARMENIAN.Net - 24.07.2000, MEDIAMAX, YEREVAN. " In Armenia, where the per head income is lower than in Russia, the population pays 5 cents for a kilowatt of electric power, which is five times as much the Russian tariffs. However, the rates of growth of the Armenian economy are higher than the Russian ones", declared today in the interview to the Russian paper "Novaya Gazeta-Ponedelnik" the head of the board of the RAO "EES" Anatoly Chubays, commenting upon the upcoming rise in price of the electric power in Russia.

"Why the Armenians began to pay for the electricity consciously? This is because they have understood much when the electricity in Yerevan was switched on for 30 minutes per day and the subway was running for 30 minutes per day. Today, having overcome this hardest crisis, they are taking care of their energy", - declared Anatoly Chubays. -0-