Sugar prices rose 20% today in most food stores following a 10% price-increase for dairy products yesterday and earlier rises for flour and bread in January.
Prices for natural gas are also set to rise this spring, resulting in a further price rise for a range of related products and services, from food to transportation and utilities.
This comes at a time when the Armenian opposition is talking social unrest, encouraged by revolutions in Egypt and Tunisia.
The authorities, meanwhile, are either completely reckless, or incapable to act.
The question is – can Armenia afford another “March 1,” more street violence, more civilian victims?
And even if U.S. officials say Azerbaijan stands little chance in case of launching an assault on Karabach, will this disenchanted and hopeless nation stand a chance?
The issue of preventing price-rises, ensuring economic growth and averting an inevitable social unrest is becoming a matter of patriotism and preserving the nation. If this government fails to act right now, they will be named traitors by this generation and generations to come.
Just thinking out loud…
P.S. Prime Minister Tigran Sargsyan gave a lecture to army generals on the state of Armenian economy this week. Are the authorities hoping for an armed conflict with Azerbaijan to save their asses?