Monday, August 31, 2015

Armenian Energy Subsidy Extended

The government extended its electricity price subsidy to some Armenian small businesses on Monday ahead of new demonstrations planned by the organizers of the recent "Electric Yerevan" protests.

The two-week protests forced the government to pledge to keep the tariffs, which were raised by 17 percent in June, unchanged for consumers at least until the results of a special international audit of Armenia's debt-ridden power distribution network. Prime Minister Hovik Abrahamian made clear earlier this month that his government will subsidize the electricity used by households but not corporate consumers.

Abrahamian's statement prompted strong criticism from organizations representing Armenian small firms and No To Plunder, a youth movement that launched the "Electric Yerevan" campaign. The group said late last week that it will resume its "civil disobedience" actions on Tuesday.

Armenian News

No comments:

Post a Comment