Click here to go to the following issues:

Economic Aspects | Natural Resource Aspects | Institutional Aspects | Social Aspects | Armenia

ECONOMIC ASPECTS OF SUSTAINABLE DEVELOPMENT IN ARMENIA

Click here to go to these sections:

INTERNATIONAL COOPERATION

Decision-Making: Coordinating Bodies   

No information is available.

Decision Making: Legislation and Regulations 

No information is available.

Decision-Making: Strategies, Policies and Plans  

The Government strategy supposes the gradual decreasing of humanitarian assistance and targeting the financing on the development programs. 

Decision-Making: Major Groups involvement

No information is available.

Programmes and Projects   

No information is available.

Status   

Progress in the implementation of the economic reforms is largely determined by the support provided by the international community, including the World Bank, International Monetary Fund, United Nations, European Bank, as well as other financial institutions and foreign countries such as the USA, France, and others. The assistance provided by donor countries and organizations to the Republic of Armenia is implemented in five main areas:  

  1. Provision of macroeconomic stabilization;
  2. Public investment programs;
  3. Private sector development;
  4. Technical assistance for institutional building and economic reforms;
  5. Humanitarian assistance.

Challenges  

No information is available.

Capacity-building, Education, Training and Awareness-raising   

Irrigation Rehabilitation is an area in which Armenia needs capacity-building.

Information   

No information is available.

Research and Technologies   

No information is available.

Financing   

No information is available.

Cooperation  

No information is available.

* * *

This information is based on the Republic of Armenia's submission to the 5th Session of the Commission on Sustainable Development, April 1997. Last update: 1 April 1997

| Armenia | All Countries | Home |

TRADE

Decision-Making: Coordinating Bodies   

No information is available.

Decision Making: Legislation and Regulations 

No information is available.

Decision-Making: Strategies, Policies and Plans  

No information is available.

Decision-Making: Major Groups involvement

No information is available.

Programmes and Projects   

No information is available.

Status   

Armenia pursues a trade liberalization strategy. Import tariffs at the rates of 0-10% are applied and there are no export taxes. The EU Partnership and Cooperation Agreement was signed in 1995. Armenia has free trade agreements with CIS countries and is in the process of accession to the World Trade Organization.

Challenges  

No information is available.

Capacity-building, Education, Training and Awareness-raising   

No information is available.

Information   

No information is available.

Research and Technologies   

No information is available.

Financing   

No information is available.

Cooperation  

No information is available.

* * *

This information is based on the Republic of Armenia's submission to the 5th Session of the Commission on Sustainable Development, April 1997. Last update: 1 April 1997

| Armenia | All Countries | Home |

CHANGING CONSUMPTION PATTERNS

Decision-Making: Coordinating Bodies   

No information is available.

Decision Making: Legislation and Regulations 

No information is available.

Decision-Making: Strategies, Policies and Plans  

See under Programmes and Projects.

Decision-Making: Major Groups involvement

No information is available.

Programmes and Projects   

The main objectives of the Government's macroeconomic programme for the period 1996-1998 are to consolidate and deepen the stabilization of the economy, and to further accelerate structural reforms for the provision of sustained and significant growth. The systematic reforms in 1996-1998 will take place in the financial sector, through privatization in the energy sector, and in the budgetary sphere. The targets for 1997 social-economic development programme include:

  1. Further GDP growth;
  2. Reduction of average monthly inflation;
  3. Increasing the real average wages;
  4. Reduction of the consolidated deficit of state budget against GDP;
  5. Improving the system of target social protection;
  6. Export growth.

Status 

No information is available.

Challenges

No information is available.

Capacity-building, Education, Training and Awareness-raising   

Capacity must continue to be built in SAC, Health and Education Sectors Development, and Social Investment Fund, among other.

Information   

No information is available.

Research and Technologies 

No information is available.

Financing 

Financial support is presently provided by the ESAF (Enhanced Structural Adjustment Facility), credits, and budget financing. 

Cooperation  

Armenia cooperates with the International Monetary Fund, World Bank, UN, and others.

* * *

This information is based on the Republic of Armenia's submission to the 5th Session of the Commission on Sustainable Development, April 1997. Last update: 1 April 1997

| Armenia | All Countries | Home |

FINANCING

Decision-Making: Coordinating Bodies   

No information is available.

Decision Making: Legislation and Regulations 

No information is available.

Decision-Making: Strategies, Policies and Plans  

Armenia continues to concentrate on socio-economic reforms and the stabilization of the economy.

Decision-Making: Major Groups involvement

No information is available.

Programmes and Projects   

Programmes for the economic development of the country are aimed at the acquisition of new markets for production, enhanced efficiency in the activities of industrial enterprises, the resolution of the investment crisis, increased exports, finding substitutes for imported raw materials, etc.

Status   

The reforms carried out recently have led mainly to the macroeconomic stabilization of the Republic. Over the past year the gross national product increased 6 per cent over that for the same period the previous year. The introduction of a State treasury system has led to improved budget discipline in the Republic and to greater expediency and effectiveness in the use of State budget resources. Budget planning takes social considerations into account.

In 1996 reforms continued in the energy sector. As a result, progress has now been made not only in the supply of electricity but also in improving the regularity of payments for electricity.

Challenges  

To continue to develop, Armenia will need to concentrate on the training of personnel, the adoption of preferential financial agreements, the dissemination of information and structural legal changes.

Capacity-building, Education, Training and Awareness-raising   

No information is available.

Information   

No information is available.

Research and Technologies   

No information is available.

Financing

No information is available.

Cooperation  

No information is available.

* * *

This information is based on the Republic of Armenia's submission to the 5th Session of the Commission on Sustainable Development, April 1997. Last update: 1 April 1997

For information on participating States in the Global Environment Fund, click here:
For information about issues and projects in Eastern Europe and Central Asia from the World Bank, click here:

| Armenia | All Countries | Home |

TECHNOLOGY

Transfer of Environmentally Sound Technology

No information is available.

* * * 

Biotechnology

No information is available.

* * *

Click here to link to the Biosafety Information Network and Advisory Service (BINAS), a service of the United Nations Industrial Development Organization (UNIDO), which monitors global developments in regulatory issues in biotechnology.
Click here to go to the Web Site of UNEP's International Register on Biosafety.
Click here for the International Centre for Genetic Engineering and Biotechnology Biosafety WebPages

| Armenia | All Countries | Home |

INDUSTRY 

No information is available.

* * *

| Armenia | All Countries | Home |

TRANSPORT

No information is available.

* * *

| Armenia | All Countries | Home |

SUSTAINABLE TOURISM

No information is available.

* * *

 



| Natural Resource Aspects | Institutional Aspects | Social Aspects |

| Armenia | All Countries | Home |