54.7% of Armenia’s GDP is in the hands of the ten richest clans, stated the RA Parliament member Victor Dallakyan.

He stressed that some clans have actually enriched themselves at the people’s expense. “The Armenian economy is monopolized amid widespread poverty and unemployment,” Dallakyan said. According to him, the minimum monthly cost of the basket of goods is more than 90,000 AMD, while the average monthly wages is hardly 100,000. “If the Bible were written nowadays and in the context of Armenia, besides the commandment ‘You must not steal’, it would contain the commandment ‘You must get sated!’,” Dallakyan said.