The government is developing a strategy for growing small and medium-sized businesses. Minister of Economy Gevorg Papoyan announced at a joint session of the NA committees.
“We have targeted small and medium-sized businesses and developed a specific action plan for their development, and there is a critical point there - the transition from idea to business. This has been applied somehow, but now we have tried to apply a better methodology. Everyone who has a good idea (we are not talking about simple commercial activities) but does not have money will support it to some extent, and we will provide a guarantee so that they have money to implement that idea,” Papoyan said.
According to the minister, two more strategies related to exports and the green economy are being developed in addition to this.
