The Democratic Party of Armenia had its first meeting in the framework of the pre-election campaign on Tuesday.

After presenting the party’s program, the chairman of the party Aram Sargsyan mentioned that the program aims to solve many problems.

According to Aram Sargsyan, if the illegal economy was eliminated, which makes up 70 per cent of the economy, and if the oligarchs were removed, the Armenian State Budget would increase by $1.5-2 billions.

He mentioned that because of Armenia’s external debt currently each Armenian citizen owes $100 thousand to the external creditor.

The Democratic Party of Armenia is a left-wing party established in 1991. Chairman of the party is Aram Sargsyan.

The proportional list includes 45 names. The party’s motto is “If Justice then Democrats”.