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According To WB Representative,Increase In Granulated Sugar And Flou

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  • According To WB Representative,Increase In Granulated Sugar And Flou

    ACCORDING TO WB REPRESENTATIVE, INCREASE IN GRANULATED SUGAR AND FLOUR PRICES HAS NO RELATION TO GAS TARIFF GROWTH

    Noyan Tapan
    Mar 30 2006

    YEREVAN, MARCH 30, NOYAN TAPAN. The World Bank (WB) will continue
    studying the consequences of the gas tariff increase in Armenia for
    1-2 weeks. Director of the World Bank Yerevan Office Roger Robinson
    stated this at the March 30 press conference, adding the bank has no
    more information than the reporters about what may happen as a result
    of the gas tariff rise, as the RA government has not completed the
    negotiations yet. As regards the tariff set by the RA Public Services
    Regulatory Commission, R. Robinson said that they still have to see
    whether the established prices are the real ones. Nevertheless,
    he agreed that a rise in the gas tariif will affect some sectors
    of the economy. He noted that the recent growth in the prices of
    granulated sugar and flour has no relation to the gas tariif increase,
    since these foodstuffs are imported into Armenia: granulated sugar -
    by 100%, flour - partly.

    From: Emil Lazarian | Ararat NewsPress
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