Pashinyan chairs first Economic Policy Council meeting

PanARMENIAN.Net - Prime Minister Nikol Pashinyan chaired the first sitting of the Economic Policy Council under the Prime Minister of Armenia, held via video conference on Monday, June 6.

"This format is ever important now, when the global economy is going through transformative turbulence as the result of pandemic, hastening pace of digital transformation, climate change and geopolitical tensions. Some of the challenges, such as accelerating rate of inflation and disruption of supply chains are especially challenging for small economies. Armenia is not an exception," Pashinyan said.

"We have registered robust economic growth during the first quarter of 2022, but we do understand that a longer term sustainable economic development will largely depend on flexibility and effectiveness of our today’s reforms and projects."

Artur Javadyan, Chairman of the Board at the Centre for Economic Perspectives Foundation, Artak Kamalyan, Member of the Board for Industry and Agriculture of the Eurasian Economic Commission, Gurgen Aslanyan, Chairman of the Armenian Economic Association, Eugene Kandel, Professor at the Hebrew University of Jerusalem, Zareh Asatryan, Member of the Center for European Economic Research, Levon Barseghyan, Professor at U.S. Cornell University, Ruben Enikolopov, Assistant Professor at the New Economic School in Moscow, Vladimir Asriyan, Professor at the Barcelona School of Economics, Alexander Auzan, Dean of the Faculty of Economics of Moscow State University participated in the session as members of the Council.