Sarkisian Says Government will Absorb Electricity Rate Hike; Activists Reject Offer [Updated]

An electricity distribution grid (Photolure)
YEREVAN””President Serzh Sarkisian on Saturday said the Armenian government will absorb the electricity rate hike until a proposed audit is completed, according to the website of the president’s office.
Sarkisian, who met with Republican Party economic and political advisers to specifically discuss the energy sector and issues related to the electricity rate hike, which has prompted thousands of residents to take to the streets in what is now its sixth day, proposed a “meticulous”