Armenia warns Russian gas price hike could cut GDP growth by 5-7 points

Armenia's Economy Minister Gevorg Papoyan stated that a potential increase in Russian natural gas prices could reduce Armenia's economic growth by at least 5 percentage points, possibly 7 or more. The assessment is preliminary and based on government analysis; the actual price change and its timing remain uncertain. This highlights Armenia's heavy energy dependence on Russia and potential economic vulnerability amid regional geopolitical shifts.

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