The power sector of Armenia achieved remarkable results through first generation policy, legal, regulatory, and institutional reforms implemented from 1991-2003, the first decade of independence. The sector achieved financial sustainability with tariffs that assured recovery of reasonable expenses and collections that reached virtually 100 percent of sales. The implicit and explicit subsidies to the power sector were eliminated and the largest sector...
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2016/02/01
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Working Paper
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103304
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1
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1
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2016/04/26
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Disclosed
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Հայաստանի Էլեկտրաէներգետիկական ոլորտի ֆինանսական վիճակը
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Citation
Kochnakyan,Artur; Zalinyan,Emil.
Financial standing of the power sector in Armenia : Հայաստանի Էլեկտրաէներգետիկական ոլորտի ֆինանսական վիճակը (Armenian). Washington, D.C. : World Bank Group. http://documents.worldbank.org/curated/en/833381468187759717