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Millennium Challenges Account executive officer arrives in Armenia

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  • Millennium Challenges Account executive officer arrives in Armenia

    MILLENNIUM CHALLENGES ACCOUNT EXECUTIVE OFFICER ARRIVES IN ARMENIA

    ArmenPress
    May 31 2004

    YEREVAN, MAY 31, ARMENPRESS: Armenian prime minister Andranik Margarian
    received today, Paul Applegarth, a senior US official, who heads the
    executive committee for supervising the Millennium Challenges Account
    (MCA) program of $1 billion this year as part of a new U.S. policy
    to help some countries in Africa, Asia, Latin America and the former
    Soviet Union to continue their political and economic reforms. The
    MCA was unveiled by President George W. Bush in 2002. Armenia is among
    16 developing countries selected by the United States to benefit from
    the program.

    Only two former Soviet republics, Armenia and neighboring Georgia,
    were picked by the board administering the MCA. The other chosen states
    are Benin, Cape Verde, Ghana, Lesotho, Madagascar, Mali, Mozambique,
    Senegal, Mongolia, Sri Lanka, Vanuatu, Bolivia, Honduras and Nicaragua.

    Applegarth will also mee with President Kocharian, government
    officials, and with representatives of other sectors of Armenian
    society, including the media, NGOs, and the business sector. Their
    visit has a two-fold purpose: to acquaint themselves with the current
    situation in Armenia, and to inform the various sectors in Armenia
    about the Millennium Challenge Account (MCA). Paul Applegarth, MCC CEO,
    says that although the government of an MCC-eligible country will
    eventually be responsible for submitting a project proposal for an
    MCA compact to the MCC, the proposal will also be evaluated for its
    "inclusiveness," among other criteria. "Inclusiveness" in this case
    means that the proposal is the result of wide discussions among the
    sectors of society, leading to consensus on the top priorities for
    promoting development in a country.

    According to some reports, the Armenian government will request $40
    million for the current U.S. fiscal year which ends on September 30,
    to spend the money on improving education standards, healthcare and
    water supplies.
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