Armenia’s economy has undergone a profound transformation since independence. Sustained growth, ambitious reforms, as well as inflows of capital and remittances have created a market-oriented environment. However, the global financial crisis impacted significantly the market of the country.
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October 27, 2015 — Armenia has made dealing with construction permits easier by exempting lower risk projects from requirements for approval of the architectural drawings by an independent expert and for technical supervision of the construction.
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The Policy Note informs Armenia's policy makers about principal challenges that the power sector faces and outlining solutions for overcoming them. It also covers issues related to gas tariff structure and demand.
The proper management of water resources plays a key role in the socioeconomic development of Armenia. As 80% of agriculture in Armenia is heavily dependent on irrigation, water management is still subject