CURRENT SITUATION AND DEVELOPMENT OPPORTUNITIES OF SMALL AND MEDIUM BUSINESS

Abstract

Small and medium entrepreneurship is one of the most important factors of increas­i­n­g the competitiveness of the Armenian economy, ensuring inclusiveness and sustainable development. In recent years, the value system of entrepreneurship, despite some influe­n­c­es, continues to play a serious role in the economic life of the country in the form of SMEs. Therefore, the identification of problems in the SME sector and the package of measures aimed at solving them will not only contribute to the economic growth of the country, but also to the solution of some problems related to the social sphere, in particular, the reduction of unemployment, the reduction of the poverty level, the offer of new jobs, etc­.