Armenia's current economic development policy aims to ensure the rapid and efficient transformation of the economy into a system characterized by:

High receptivity to rapid technological advancements and the compensation of resource gaps through the accumulation and application of new ideas.
Preservation of intergenerational equity, ensuring that present growth and development achievements do not deplete the minimum opportunities for similar growth for future generations.
Implementation of fundamental requirements for inclusive development by creating a favorable environment and encouraging the broadest possible participation of society in the growth process, proclaiming entrepreneurship and initiative as crucial incentives for business activity.
Consistent development of human capital, viewing it as the core of economic transformation and a prerequisite for forming competitive advantages, regardless of objective constraints.
Maximizing the harmonization of the directions of using internal and external resources with the development priorities and deeply rooted demand for the results of the policy.
Economic research plays a crucial role in the Ministry of Economy of the Republic of Armenia, providing the necessary data, analyses, and insights to support policy formation, strategic planning, and decision-making processes.

Economic research is the cornerstone of making effective decisions. It helps to develop effective economic policies by analyzing current economic conditions, identifying challenges, assessing key risks for the economy, and forecasting future trends.

Based on research, policymakers can make more accurate decisions when developing short, medium, and long-term economic policies, leading to positive economic outcomes. The econometric models used in economic research allow for the forecasting of GDP growth, inflation rates, employment trends, and other key economic indicators, which form the basis for corresponding assessments. Conducting macroeconomic research, analyses, and monitoring on a scientific basis enables the Ministry to develop contemporary and effective economic policies and present recommendations on social, financial, budgetary, monetary, and external economic policies.

Research provides an in-depth analysis of various economic sectors, such as agriculture, industry, services, and more. This helps to understand sector-specific issues and supports the formation of targeted policies to promote growth and development.

Continuous evaluation of current policies is essential to ensure their effectiveness. Economic research provides rigorous impact analysis tools, enabling the Ministry to make adjustments or revise policies based on factual data.

By understanding the factors contributing to economic resilience, the Ministry can develop strategies that reduce risks and increase the economy's capacity to withstand shocks.