Abstract
<jats:p>Global geopolitical shifts that took place in 2022 significantly changed the patterns and rules of global economic life, resulting in problems of economic security in almost all countries. These uncertain perspectives of economic development also impacted our country. On the one hand, some elements of revitalization of economic life are emerging, on the other hand, new risks are appearing. Having an underdeveloped economy, the Republic of Armenia faces both positive and negative consequences of the above-mentioned economic changes to a great extent. Therefore, the aim of this paper is to study and improve the main directions that will ensure the tangible economic progress of Armenia. Different directions of economic policy should be coordinated. Otherwise, their effectiveness can be very low. Currently, Armenia’s economic growth is driven by sectors such as construction, IT, industry, banking and catering. While some Armenian IT startup companies achieved success internationally, it should be noted that the number of startup companies developing global solutions and entering international markets is very small, which does not contribute to the faster and more stable development of the ecosystem.</jats:p>