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Deputy Minister does not rule out electricity price hike

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Deputy Minister of Energy and Natural Resources today said the depreciation of the Armenian dram will lead to the increase in electricity tariffs.

Speaking at a press conference in Yerevan, Areg Galstyan said, “The happenings we witnessed in the past one month will have their direct impact on our calculations and approaches.”

In reply to the question what can be done to avert the rise in electricity prices, Mr Galstyan said, “No one can answer the question know, but one thing is clear, the influence will be unavoidable.”