YEREVAN. - Ruling Republican Party should bear responsibility for socio-economic crisis, said ARF Dashnaktsutyun member Armen Rustamyan during discussions of ARFD initiative on passing a vote of no confidence in the government.  

He stressed that the basis for such an initiative is that the Armenian government failed to provide pre-announced socio-economic standards, curbing inflation and increase in number of migrants.

The MP noted that many of current parliament members used to be ministers and heads of departments in the government and share the responsibility. Rustamyan stressed that they should abandon politics after leaving such heritage.

Rustamyan added the government also should resign for its failures.

Political course pursued by the government will further deteriorate social situation in the country, said head of ARFD parliamentary group Vahan Hovhannisyan.

Finance Minister Vache Gabrielian blamed the international economic crisis for the situation in Armenia. However, Gabrielian agreed that Armenia’s economy is far from being in a great state.