Armenian authorities to subsidize electricity price hike for small business

Armenian authorities to subsidize electricity price hike for small business

The Government of Armenia will subsidize the increased price for the electricity consumed by country’s small and medium-sized business.

The subsidy will amount to 6.93 drams per kilowatt/hour. The Minister of Energy and Natural Resources, Yervand Zakharyan, will introduce the new proposal on tariffs for electricity, TASS reports.

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