job creation
World Bank Group Approves New Five-Year Country Partnership Framework with Armenia
The World Bank Group’s Board of Executive Directors has approved a new five-year Country Partnership Framework (CPF) with Armenia. The framework aims to reduce poverty and promote prosperity by creating better jobs, enhancing human capital, and improving resilience to economic…
Can a 4% Cut in Public Spending and Economic Growth Curb Emigration in Armenia?
Armenia’s 2025 budget proposal includes a 4% cut in public administration spending, aiming to enhance resource efficiency and reallocate funds to critical areas. According to the Minister of Finance, this budgetary reduction is designed to encourage state agencies to prioritize…
