Yerevan /Mediamax/. Armenian CB should publish the list of large importers, who have received super-profits in the recent months as a result of operations in the currency market.

Mediamax reports that member of “Dashnaktsutiun” faction, Deputy Head of Parliamentary Committee on Monetary-Credit Policy Artsvik Minasyan said this today.

He made a few proposals concerning mitigation of consequences of AMD devaluation. In particular, Artsvik Minasyan believes that one should make a few corrections in monetary-credit program of the government, taking into account the forecasts concerning the national currency exchange rate. According to the MPs, one should elaborate a special anti-monopoly program. He also expressed opinion that the State Commission for the Protection of Economic Competition does not possess functions to prevent ungrounded growth of prices and acts exclusively post factum.

Commenting on the statements of CB, according to which the stage-by-stage transition to floating exchange rate policy should require more expenses, Artsvik Minasyan stated that there have been no estimations presented concerning this issue.

Professor, Doctor of Economics Tatul Manasaryan also spoke for stage-by-stage transition to floating exchange rate policy, noting that “in that case the fact would not lead to a stroke on the solvency of the population, especially taking into account the fact that since April 1, 2009, tariffs for gas and electricity will be increased”.

According to him, the volume of intervention from CB’s part at the currency market of the country only in 2009 made $700mln, which is “impermissible”. “Monetary-credit, currency policy should not be an end in itself, but has to serve to the benefit of the country’s economy”, Tatul Manasaryan stated. At that he noted that there is a “powerful oppositional force” of a number of entrepreneurs, which hinders the government taking up correct decisions. As an example, Tatul Manasaryan brought the fact that the Armenian government recalled recently the draft law on increasing a number of customs duties by 10-15%.