Washington, Nov 13 Lady Gaga is honouring recession-hit fans by releasing a cut-price version of her upcoming mini-album.

The singer's debut disc The Fame hit the top of the charts and she wants to show her gratitude to her loyal following by ensuring they can afford to buy The Fame Monster.

The singer is releasing three versions of the disc, two deluxe versions that include parts of her original Fame album and a standard version will contain only new songs, priced at 9.99 dollars, reports Contactmusic.

A statement from Gaga reads, "We may have an economy, but music has no economy. I insist on honouring my fans with an affordable new album, an album that is as loyal to them, as they have been me...

"In the midst of my creative journey composing The Fame Monster, there came an exciting revelation that this was in fact my sophomore album. I would not add, nor take away any songs from this EP. It is a complete conceptual and musical body of work that can stand on its own two feet."

The Fame Monster is slated to hit shelves in the U.S. later this month. (ANI)