Energy tariffs increase in Armenia

Energy tariffs are increasing by 10% in Armenia starting from today. The decision was adopted by the Commission on the Regulation of Public Services of Armenia on June 1. Experts of the Commission explained the need to increase the rate was due to the financial deficit of Armenian energy companies amounting to 20.3 billion drams (ca. 49 million dollars).Energy tariffs are increasing by 10% in Armenia starting from today. The decision was adopted by the Commission on the Regulation of Public Services of Armenia on June 1. 
Experts of the Commission explained the need to increase the rate was due to the financial deficit of Armenian energy companies amounting to 20.3 billion drams (ca. 49 million dollars).