“Zakharyan’s statement is incorrect”
Economist Artak Manukyan considers the statement made by the Minister of Energy and Natural Resources Yervand Zakharyan to be incorrect that by taking new loan from the World Bank, the electricity price won’t increase. The economist is sure that Mr Zakharyan should have spoken not about the possible electricity price hike, but about its decrease starting from August 1, 2016, “The PSRC justified the electricity price hike by the necessity to pay off 24 billion AMD debt of the ENA. We are already paying off that debt and it will be paid off until August, consequently there will be no need for paying 7 drams more for 1 kW.” The economist cannot understand the fact that Armenia borrows money from the World Bank. For several hours the economist had been looking for some information about lending money to Armenia on the website of the World Bank, but in vain, “It is strange that the World Bank doesn’t provide any information about such a deal, in spite of the claims that that structure is one of the most transparent ones.”
