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Roger Robinson: Increase In Price For Gas Will Have No Big NegativeI

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  • Roger Robinson: Increase In Price For Gas Will Have No Big NegativeI

    ROGER ROBINSON: INCREASE IN PRICE FOR GAS WILL HAVE NO BIG NEGATIVE IMPACT ON ARMENIA'S ECONOMY
    By Ara Martirosian

    AZG Armenian Daily
    17/03/2006

    Roger Robinson, head of the World Bank Office in Armenia, expressed an
    opinion that the increase in price for gas will have no big negative
    impact on Armenia's economy. The WB experts haven't completed
    the researches on the issue yet and the final conclusion will be
    represented soon. Robinson stated that notwithstanding the increase
    in oil price, the progress is still fixed in the economy of Armenia.

    They also stated that RA Central Bank will manage to preserve the
    inflation indicator within the framework of envisaged 3%.
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