THE CURRENT CHALLENGES OF ARMENIA'S ECONOMIC SECURITY
Keywords:
national economic security, macroeconomic indicators, food security, food balance indicators, wheat self-sufficiency level, degree of country's dependence on importsAbstract
The current uncertain and turbulent developments of the world economy are full of multi-layered risks and multifaceted challenges to national economic security. The latter are more profound and manifested with many socio-economic contradictions, especially in the field of food security of RA. The indicators characterizing the food balance are of great concern, in particular, wheat self-sufficiency, the country's level of dependence on food imports, and other indicators.
In light of this, in the priorities of the strategic developments of Republic of Armenia, it is necessary to emphasize the provision of food security, to take measures in the direction of the most effective use of the existing potential in the sector, as well as to diversify both the geographical and product structure of the food balance.