YEREVAN. - Devaluation growth is not a result of increasing salaries, but of growing shadow economy and monopolized markets, opposition ARF Dashnaktsutyun Party MP Artsvik Minasyan stated on Friday during a briefing with news reporters at the National Assembly.    

“The devaluation arguments, which the Government is making, have nothing in common with reality. The reason for devaluation is not the increasing of salaries, but rather the shadow economy and monopolization of markets. And solvency of the population makes more salient the ineffectiveness of the Government’s economic policy,” Artsvik Minasyan maintained.