PATHS TO THE OPTIMIZATION OF PROCUREMENT IN THE PUBLIC ADMINISTRATION SYSTEM OF THE REPUBLIC OF ARMENIA

Efficient public procurement serves as a cornerstone of correct governance, enabling the powerful allocation of sources, fostering economic increase, and enhancing public accept as true with in state institutions. In the Republic of Armenia, procurement tactics keep huge significance for the functioning of the public administration device, immediately influencing the delivery of public offerings and the control of nation assets. However, chronic demanding situations, such as inefficiencies, a lack of transparency, and inadequate stakeholder engagement, have hindered the entire implementation of an effective procurement system. The scientific article provides an in-intensity examination of techniques and measures to beautify the procurement framework in Armenia. Drawing on both theoretical insights and practical studies from nations with advanced procurement structures, which includes South Korea, Chile, and Estonia, this research outlines a reform roadmap tailored to Armenia's particular socio-financial and institutional panorama. The examine addresses key factors consisting of felony and regulatory upgrades, the combination of e-procurement structures, ability constructing for procurement professionals, and the merchandising of collaboration amongst stakeholders. Emphasizing a information-pushed and participatory technique, the proposed pointers intention to beautify the transparency, efficiency, and compliance of the procurement process. This article is supposed for policymakers, public officers, researchers, and all stakeholders worried in public procurement in Armenia. It ambitions to offer actionable solutions aligned with worldwide standards and quality practices, contributing to the development of a sustainable and transparent procurement system. We hope this paintings will encourage the implementation of significant reforms, similarly improving public consider and helping Armenia's broader development targets.