On August 6, Armenian Minister of Economy Gevorg Papoyan met with representatives of the United States Agency for International Development (USAID) in Armenia. Deputy Ministers Sevak Mikaelyan and Narek Ovakimyan also attended the meeting.
During the meeting, the results of the USAID program "Economic Foundations for a Sustainable Armenia" and possible directions for cooperation in its second year were presented. The main goals of the program include improving institutional and human capacity for effective governance, enhancing economic stability by increasing the export competitiveness of target sectors, and the effective use of financial capital.
Minister Papoyan emphasized the importance of active engagement and highlighted the steps and directions that are priorities for a stable and developing economy.
