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Heritage MP: Armenia's Vulnerability To Negative Consequences Of The

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  • Heritage MP: Armenia's Vulnerability To Negative Consequences Of The

    HERITAGE MP: ARMENIA'S VULNERABILITY TO NEGATIVE CONSEQUENCES OF THE GROWING PRICES FOR GAS IS EXPLAINED BY ONE-WAYNESS OF ITS SUPPLIES

    ArmInfo
    2009-11-19 11:19:00

    ArmInfo. Armenia's vulnerability to the negative consequences of the
    growing prices for gas is explained by the fact that the country could
    not diversify its supplies in due time, parliamentarian from Heritage
    oppositional party Armen Martirosyan told ArmInfo when commenting on
    the expected growth of gas prices started April 1, 2010.

    To recall, the gas price should increase from $154 to $184 per 1
    thsd cub m started April 1, instead of the earlier supposed $200
    per 1 thsd cub m. 'Diversification of supplies was hindered by the
    country's economic policy, being continuation of the state policy. We
    have lost the time during which we could create a profitable position
    for us', Martirosyan said. Growth of the gas price to $184 instead of
    $200 may have a positive effect, however, even in a "cutdown" form,
    it will entail new growth of prices for all the consumer goods,
    the pricing of which is connected with gas. 'It is also important
    to remember of the population solvency, as the state budget for 2010
    does not envisage growth of wages. Moreover, the prices continuously
    grow despite the crisis', A. Martirosyan said.

    According to him, the state agencies will not take measures to
    restrain the prices. 'The market regulatory commissions, being
    formally independent, actually function under the government and
    cannot follow a policy other than that indicated by the executive
    power, while this policy, as known, aims at turning the economy into
    a monopoly and oligarchic one', the parliamentarian said.
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