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Former Minister of Finance Verdan Armian: An increase in gas prices could push Armenian agricultural producers out of the market in a conversation with an Armenian news reporter. News.am » The former Minister of Finance of Armenia, Verdan Armian, said that as a result of a possible increase in gas prices, many Armenian agricultural producers may be forced out of the market. He named the current exchange rate as another factor, which stimulates the growth of imports: imported products will be cheaper than those produced in Armenia. According to Armian, the price of gas also affects the industrial sector, gas stations and other areas, which gives a multiplier effect. "The Armenian economy is able to absorb the blow if gas prices rise, but the question is at what price it will be done." - added the expert.

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Хроники Армении · · Source

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Former Minister of Finance Verdan Armian: An increase in gas prices could push Armenian agricultural producers out of the market in a conversation with an Armenian news reporter. News.am » The former Minister of Finance of Armenia, Verdan Armian, said that as a result of a possible increase in gas prices, many Armenian agricultural producers may be forced out of the market. He named the current exchange rate as another factor, which stimulates the growth of imports: imported products will be cheaper than those produced in Armenia. According to Armian, the price of gas also affects the industrial sector, gas stations and other areas, which gives a multiplier effect. "The Armenian economy is able to absorb the blow if gas prices rise, but the question is at what price it will be done." - added the expert.

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