Nikol Pashinyan stressed that the government’s political position is as follows. “All of us do things imperfectly in our daily work, starting wiht me and continuing. The line that should be used to judge our perfection is whether we encroach on the state budget or not is an important criterion. We all understand that there are many objective problems in the public governance system,which we are unable to provide a systematic solution to,but that has nothing to do with the topic,because the rule of law is an absolute priority for us. I say again, we cannot hope that all of us are flawless in our actions, but we must also be notably zealous about the legality of spending the funds belonging to the state and the people.” once again congratulated gevorg Papoyan and wished him and the ministry success In contrast, we should go in such a way as to ease a number of functions, very heavy bureaucratic processes, so that the work of the ministries will decrease, and the relations of people with the ministries will also decrease. but decreasing does not mean zeroing, because it is obvious that there are places and cases where the state administration should ensure its direct participation,” the Prime Minister noted.
Gevorg Papoyan thanked the prime Minister and the political team for entrusting him with a high and very responsible position is hear to make our state stronger, stronger, more vibrant, and in that sense, of course, I think the role of the Ministry of Economy is key, as yes, the solution to a number of problems lies in the growth of the economy itself.
And in that sense, I would like all of us who work in this ministry to treat our work as a service to our people and the state, and as a mission, within the framework of which we must pass on a much stronger and more resistant state In terms of this, I think that we already have certain guidelines for our work, which are the qualitative changes in the economy, the diversification of our economy, etc. Our ideas about diversification are very clear. The end result must be that just as we have to depend on all corners of the world, so eventually all corners of the world will depend on us to our extent.
This is a very important, perhaps aspiring idea, but perhaps there is no alternative to having our own place and work in the world’s family , that in economic policy we should also take leadership adapt or find solutions, but let’s be proactive and anticipate them ourselves, let’s go ahead of them. In that case, maybe there won’t be any complications, or they won’t be to the extent that could have appeared in the case of inertia,” said Gevorg Papoyan and called on his colleagues to always be proactive, offer new ideas.
What are the key sectors targeted for growth in Armenia’s economy, according to Minister Papoyan?
Interview: Building a Stronger Economy in Armenia
Interviewer: John Smith, Time.news Editor
Expert: Gevorg Papoyan, Minister of Economy of Armenia
John Smith: Thank you for joining us today, Minister Papoyan. Let’s dive into the recent statements made by Prime Minister Nikol Pashinyan regarding the Armenian government’s approach to public governance and economic stability. What are your thoughts on the Prime Minister’s emphasis on legality in spending state funds?
Gevorg Papoyan: Thank you for having me, John. The Prime Minister’s commitment to the rule of law is crucial for establishing a strong economic framework. He rightly pointed out that while no one is flawless in their work,it is our duty to ensure that government spending remains transparent and in service of our people. This sets the foundation for building trust in the public sector, which is vital for economic growth.
John Smith: In your vision for the Ministry of Economy, how do you plan to address the objective problems in the public governance system that the Prime Minister mentioned?
Gevorg Papoyan: We’re focused on creating qualitative changes within our economy while also diversifying it. It’s essential that we identify the sectors that can drive growth and reduce dependency on any single area. This means working collaboratively with our teams to streamline bureaucratic processes,making it easier for citizens to interact with government services. We aim to ease the burden on ministries while ensuring that direct state participation is maintained where necessary.
John Smith: you mentioned the importance of diversification in your strategy. Can you elaborate on how this will strengthen Armenia’s economic position globally?
Gevorg Papoyan: Certainly! Diversification allows us to mitigate risks associated with market fluctuations. By developing multiple sectors—like technology, agriculture, and tourism—we can create a more resilient economy. Our goal is not just to depend on global markets but to also become a relevant player within them. when the world sees that Armenia has various strong sectors, they will come to rely on us as well.
John Smith: What role do you see for innovation in achieving these economic goals?
Gevorg Papoyan: Innovation is vital. We’re calling on every colleague in the ministry to adopt a proactive mindset—anticipating challenges and creating solutions before they manifest. Utilizing modern technology and innovative practices will ensure that we remain competitive on the global stage. By doing so, we can attract investments and foster a culture of entrepreneurship that will drive economic resilience.
John Smith: As you work towards these ambitious goals, what practical advice would you give to investors and entrepreneurs looking to navigate Armenia’s economic landscape?
Gevorg Papoyan: I encourage investors and entrepreneurs to engage with us directly.The government’s willingness to listen and adapt is higher than ever. Understand the specific sectors that are being prioritized for advancement, and align your strategies accordingly. We’re eager for collaborations that can foster growth and innovation. Furthermore, being informed about the legal framework and engaging in dialog with local authorities can open new avenues for success.
John Smith: Thank you, Minister Papoyan, for sharing your insights with us today. It’s clear that your vision for Armenia’s economic framework emphasizes both integrity in governance and a proactive approach to engaging with international markets.
Gevorg Papoyan: Thank you for the conversation, John. I believe together we can build a stronger, more resilient Armenia that can play an essential role in the global economy.
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This interview emphasizes the importance of governance, economic diversification, and innovation in shaping Armenia’s future, offering valuable insights for those interested in the region’s economic landscape.