YEREVAN, July 1. / ARKA /. Armenian government is going to increase the size of the family benefit to cushion the shock from the rise of electricity prices.
The PSRC approved today almost a 10 percent rise in electricity prices for households allowing the Electrical Networks of Armenia distributor to charge 41.85 drams per 1 kWh of electricity during daylight hours (from 7:00 to 23:00), up from current 38 drams and 31.5 drams for night hours (from 23:00 to 7:00), up from current 28 drams. The decisions come into force on 1 August 2014.
Armenian President Serzh Sargsyan instructed Prime Minister Hovik Abrahamyan to find ways for easing low-income families’ shock from the price rise.
The premier, on his side, instructed finance, economy and social ministers to work out a scheme for increasing the size of the social benefit for some 105,000 low-income families.
The government will discuss the scheme on July 3. --0----