Armenian government intends to increase family benefit size to cushion shock from of electricity price rise

Armenian government intends to increase family benefit size to cushion shock from of electricity price rise

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----

19:20 01.07.2014

Comments (0)




 

« October 2014

Mon
Tue
Wed
Thu
Fri
Sat
Sun
 
 
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
 
 
Username:
Password:

Registration
If you are new on the site, please fill out the registration form.

Enter the website you can use your account on any of the following services.

×