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HIGHER GAS PRICES TO RESULT IN SLOWER ECONOMIC GROWTH IN ARMENIA IN 2010
/PanARMENIAN.Net/
11.02.2010 16:05 GMT+04:00
/PanARMENIAN.Net/ Higher gas prices will lead to slower economic growth
in Armenia in 2010 Manuk Hergnyan , chairman of "Economy and Values'~R
research center told a press conference on February 11 in Yerevan.
According to him, earlier, when Armenia's gas prices tripled, the
consumer price index increased by 4 percentage points. According
to him, there are case studies of Russian, Ukrainian and Belarusian
economies, on the average the changes in gas prices may bring 5 per
cent change in GDP.
In addition, according to Hergnyan, higher gas prices could lead to
an increased inflationary pressure.
ArmRosgazprom applied to PSRC with the proposal to revise the existing
rates for natural gas.
/PanARMENIAN.Net/
11.02.2010 16:05 GMT+04:00
/PanARMENIAN.Net/ Higher gas prices will lead to slower economic growth
in Armenia in 2010 Manuk Hergnyan , chairman of "Economy and Values'~R
research center told a press conference on February 11 in Yerevan.
According to him, earlier, when Armenia's gas prices tripled, the
consumer price index increased by 4 percentage points. According
to him, there are case studies of Russian, Ukrainian and Belarusian
economies, on the average the changes in gas prices may bring 5 per
cent change in GDP.
In addition, according to Hergnyan, higher gas prices could lead to
an increased inflationary pressure.
ArmRosgazprom applied to PSRC with the proposal to revise the existing
rates for natural gas.