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  • "Millennium Challenge Fund - Armenia" State Noncommercial Organizati

    "MILLENNIUM CHALLENGE FUND - ARMENIA" STATE NONCOMMERCIAL ORGANIZATION TO BE CREATED

    Noyan Tapan
    Apr 13 2006

    YEREVAN, APRIL 13, NOYAN TAPAN. At the April 13 sitting, the Armenian
    government made a decision to create Millennium Challenge Fund -
    Armenia (MCF- Armenia) state noncommercial organization and to
    approve its regulations. According to the RA Government Information
    and PR Department, the decision was made in compliance with the RA
    Law on State Noncommercial Organizations and the requirements of the
    Millennium Challenge Compact signed between the RA government and the
    US (the Millennium Challenge Corporation) on March 27, 2006. Under
    the decision, the main objective of MCF - Armenia activities is to
    carry out work on implementation of this program. It is stipulated
    that the RA Ministry of Finance and Economy is the authorized state
    body to govern the organization.
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