YEREVAN. – President of Armenia Serzh Sargsyan said the government will absorb the electricity price hike before the end of evaluation conducted by an international company.
President Sargsyan on Saturday held a meeting with those responsible for economic policy during which the ways to ensure Armenia's energy safety were discussed.
If the evaluation reveals that the price is justified, people will pay more. If it is revealed that the price hike is not justified, the government will take measures to get money from the Electric Networks, he said.
