The decision of the Public Services Regulatory Commission will not be overturned. The government started the sitting with a discussion on the situation around the electricity price hike.
Speaking about the reasons of the decision, Prime Minister Hovik Abrahamyan pointed to three factors: scarcity of water resources, the long-term suspension of the activity of the nuclear power plant turbine, as well as fluctuations of the currency exchange rate.
The Prime Minister said the decision will not be changed, but pledged targeted support to some families in need.
“The authorities must help alleviate the burden of the rise in prices. Our calculations show that the expenses of every household will increase by 1,400 AMD monthly on the average,” the Prime Minister said, adding that the “Government plans to pay additional 24,000 AMD to 105 thousand families.”
The Prime Minister also called on the protesters to start constructive dialogue with the authorities and said the government is ready to discuss any suggestion.
