Wednesday, 26 April 2006

GEORGIAN PRESIDENT BLAMES RUSSIA FOR ELECTRICITY-PRICE RISE

Published in News Digest

By empty (4/26/2006 issue of the CACI Analyst)

President Mikheil Saakashvili criticized Russia on April 25 for \"creating problems\" by sparking a sharp rise in electricity prices due to the increased cost for Russian natural-gas supplies. Speaking at a meeting of the government\'s Energy Commission, President Saakashvili ordered the introduction of new subsidies to offset the increased price of electricity for the \"most vulnerable\" citizens. Although the expected increase in electricity tariffs is not yet known, Finance Minister Aleksi Aleksishvili estimated that about 10 million lari ($5.
President Mikheil Saakashvili criticized Russia on April 25 for \"creating problems\" by sparking a sharp rise in electricity prices due to the increased cost for Russian natural-gas supplies. Speaking at a meeting of the government\'s Energy Commission, President Saakashvili ordered the introduction of new subsidies to offset the increased price of electricity for the \"most vulnerable\" citizens. Although the expected increase in electricity tariffs is not yet known, Finance Minister Aleksi Aleksishvili estimated that about 10 million lari ($5.5 million) would be needed to finance the subsidies. (RFE/RL)
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The Central Asia-Caucasus Analyst is a biweekly publication of the Central Asia-Caucasus Institute & Silk Road Studies Program, a Joint Transatlantic Research and Policy Center affiliated with the American Foreign Policy Council, Washington DC., and the Institute for Security and Development Policy, Stockholm. For 15 years, the Analyst has brought cutting edge analysis of the region geared toward a practitioner audience.

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