On June 19, 2015 the Media Center hosted a discussion on the economic consequences of the electricity price hike with the participation of the speakers Artak Manukyan, Economist and Procurement Expert of Transparency International Anticorruption Center, and Hayk Gevorgyan, Economic Analyst at “Haykakan Zhamanak” newspaper. Armen Petrosyan, Head of KhoranARD Intellectual Center joined the discussion via skype. According to Artak Manukyan despite the measures taken by the Government to mitigate the impact of the electricity price hike the Government’s support cannot save the situation because it covers only the electricity price increase. Meanwhile, the utility price increase will affect all other sectors. It will entail loss of competitiveness. The shocks will essentially affect SMEs.

See Press release of Media Center.