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CLIMATE OR OLIGARCHS TO BLAME FOR BREAD PRICE INCREASE?
http://1in.am/eng/armenia_aeconomy_2792.html
20:31 | 2012-09-25 | Armenia | Economy |
It's already 5 days that in the poorest region of Armenia Shirak the
price of bread increased by 10-20 AMD. Today speaking on wheat harvest,
the minister of agriculture said: "The estimate of the harvest of
wheat is a bit lower this year, but the general harvest is more than
previous year."
The journalists inquired from the minister why the prices rise
in such case. " You know that such climate didn't happen to be in
Armenia during recent years, we had lack of water, moisture. The rise
of prices is an international tendency. The prices are set in the
market, we cannot dictate the villager, the trader that this year
the prices are higher. We have domestic market, but with local 440
thousand tons of wheat, we import 250-300 thousand tons as well. Thus,
we also depend on outer trends."
The minister noted that the government covers 60% of food demand of RA.
http://1in.am/eng/armenia_aeconomy_2792.html
20:31 | 2012-09-25 | Armenia | Economy |
It's already 5 days that in the poorest region of Armenia Shirak the
price of bread increased by 10-20 AMD. Today speaking on wheat harvest,
the minister of agriculture said: "The estimate of the harvest of
wheat is a bit lower this year, but the general harvest is more than
previous year."
The journalists inquired from the minister why the prices rise
in such case. " You know that such climate didn't happen to be in
Armenia during recent years, we had lack of water, moisture. The rise
of prices is an international tendency. The prices are set in the
market, we cannot dictate the villager, the trader that this year
the prices are higher. We have domestic market, but with local 440
thousand tons of wheat, we import 250-300 thousand tons as well. Thus,
we also depend on outer trends."
The minister noted that the government covers 60% of food demand of RA.