Electricity tariffs will rise

 For the  financial rehabilitation of the energy sector of Azerbaijan Asian Development Bank (ADB) will provide $1.2 million.  The missing $300,000 for the implementation of the plan will provide the country's government, and the executive agent of technical support will be the Ministry of Finance of Azerbaijan,  noted in the international information structures. The aim is to support long-term plan to raise electricity rates, so that the employees of the energy sector could fully compensate  the costs irrespective of the credit authorities. This implies a real calculation of the cost of electricity generation and transmission, a new tariff structure for the difference pockets of consumers and sources of electric power generation (traditional, alternative), which by 2022 could lead to the financial recovery of this sector of the economy on the basis of the "road map." The plan also includes the promotion of tariff reform, so as not to frighten the poor. The ADB acts since 1966, its members are 67 countries, including Azerbaijan - from 22 December 1999, with the share in the authorized capital of 0.5%.  For 1 January this year, for the  implementation of 59 projects the Government received  from ADB $ 2 billion 321.620.000. Plus $ 22 million for 32 projects within the framework of technical assistance. --17D-