Garabed Minasyan is Professor Emeritus of the Institute of Economic Studies of the Bulgarian Academy of Sciences. He is a recipient of the Order "Stara Planina", second degree, for "his outstanding services to the Republic of Bulgaria in the field of economic sciences" (2006). For two terms he was a member of the Governing Council of the BNB from the quota of the President of the Republic of Bulgaria (1997-2006). He was awarded the gold medal "Bulgarian National Bank" (2006 г.). He was a member of the Council of Economic Advisers to the President of the Republic of Bulgaria, 1997-2000. Winner of the medal "50-th Anniversary of the University of Lodz" (1995). First winner of the academic award "Professor. Stancho Cholakov“ на Икономическия университет – гр.Варна за „excellence in financial science and local government" (2017). Member of a number of editorial boards of international specialized scientific journals.