Tag: external debt

November 22, 2022
Hovsep Patvakanian: Attracting Top Talent to Armenia

Hovsep Patvakanian: Attracting Top Talent to Armenia

Earlier this year, the Armenian Government announced a new subsidy program to help attract top talent to the country. The program will subsidize anywhere from 20%-70% of the salaries of graduates from top 400 universities or people who have 10 years of work experience at leading global companies. The program was developed jointly by the Investment Council of Armenia and the Ministry of Economy. Hovsep Patvakanian, head of the Investment Council, joins us to discuss the impact he hopes this program will have, and what other legislative proposals they are currently working on. Hovsep also shared with us his take on Armenia’s economic growth in 2022.