Armenian economic reform

Armenian economic reform involves changes aimed at boosting the country's economy by improving business conditions, reducing corruption, and attracting investment. It includes transitioning from a centrally planned economy to a market-oriented one, encouraging private enterprise, modernizing infrastructure, and implementing financial reforms to stabilize the currency and control inflation. These efforts aim to increase job opportunities, improve living standards, and foster sustainable growth, often supported by international organizations and cooperation with neighboring countries. Overall, Armenia’s reforms seek to create a more transparent, competitive, and resilient economy.