YEREVAN. – It is too early to talk about an increase in the price of electricity in Armenia and its impact on the agricultural sector.

The Minister of Agriculture, Sergo Karapetyan, on Tuesday told the abovementioned to reporters in the National Assembly.

“We still don’t know by how much the [price of] electrical energy will increase,” the minister stated. “When the Public Services Regulatory Commission [PSRC] resolves the matter, then we’ll inform our view.”

The Electric Networks of Armenia has petitioned to the PSRC, with a request for an electricity price hike in the country. If this request is granted, it is expected to be followed by an increase in the prices of first necessity goods in Armenia.