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Corporate thinking and the corporate culture of communication and interaction should be rooted and developed in the Armenian economy, Armenian minister of economy Tigran Khachatryan said at the parliament during the discussion of the draft state budget for 2020 on Thursday.

According to the minister, the environment, which plans to attract additional investment in the real sector of the economy, should be ready for them. 

“Unfortunately, many companies operating in the real sector of the Armenian economy, from the point of view of the management culture, are simply not ready to communicate with foreign investors, since they are not transparent enough for them and for this reason do not inspire confidence,” Khachatryan said, adding that without realizing all this and without manifesting efforts to combat this phenomenon, it will not be possible to fix any serious shift in the medium term.

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