Private Sector Development

Private sector development plays a key role in catalyzing economic growth and sustainability, serving as a powerful engine for job creation, poverty reduction, innovation, and prosperity. ADWISE Consulting has successfully partnered with governments, local governments as well as numerous local and international development organizations towards the design and delivery of synergistic solutions aimed at creating favorable policies and regulatory environments for private sector that would facilitate sustainable economic growth. We have accumulated rich experience in building holistic frameworks for the systematic planning, analysis, implementation, and evaluation of complex projects to support our partners in achieving their broader-spectrum objectives of making a lasting impact on economic development.

Some of the services we offer include:

  • Economic policy and strategy support to governments: We delve deeply into economic forecasts, policy analyses, and strategic evaluations to ensure the development of robust, forward-thinking policies and strategies that are not only resilient in the face of evolving economic challenges but also instrumental in fostering innovation, competitiveness, and overall economic prosperity. Our experts examine the implementation mechanisms and the potential multidirectional impact of policies on the private sector, as well as assist in designing   policies and strategies aimed at creating a conducive environment for sustainable economic growth.
  • Regulatory framework development and analysis: Our experts conduct in-depth reviews, consistency and impact analyses of the legislative and regulatory frameworks as well as develop legal and regulatory frameworks that align with current challenges and goals as well as ensure that they are practical, beneficial across stakeholders, and conducive to an environment that supports development and competitiveness.
  • Facilitation of access to finance: In developing economies characterized by immature financial markets access to funding remains a big challenge. We cooperate with government agencies, development banks, International Financial Institutions (IFIs) and donor institutions to design robust, dynamic, and adaptable financing mechanisms and strategies (e.g. concessional finance schemes, subsidy schemes, guarantee instruments, other) that would help reduce economic vulnerabilities and facilitate an improved flow of resources towards high-impact objectives within the private sector.
  • SME development and support: Acknowledging the pivotal role of SMEs in fostering innovation, employment and sustainable development, we collaborate with governments and development organizations to provide comprehensive advisory on the design and implementation of SME support schemes to promote competitiveness, market expansion, and innovative growth.

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Lilit Gharayan

Head of business and banking advisory l.gharayan@adwise.am (+374) 91 349 499