Why do economic institutions work inefficiently?
The main topic of recent days has been the inefficient operation of state-owned companies. Along with state-owned companies, it was an opportunity to evaluate all government agencies as a whole.The rapid increase in the number of government agencies when oil revenues increase and their reduction when financial flows weaken can be considered a traditional policy method of governance. The swelling of the giant administration was due to oil money. T...
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- Great East
- 29 August 2020 00:28
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- Social
- 29 August 2020 06:46
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In a significant diplomatic move, President Kassym-Jomart Tokayev of Kazakhstan embarked on an official visit to Armenia, marking a pivotal moment in the relationship between the two nations. The meeting between President Tokayev and Armenian Prime Minister Nikol Pashinyan resulted in the signing of a joint statement aimed at fostering cooperation and easing tensions that had simmered between the two countries.
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