Announcement

Collapse
No announcement yet.

US Grants Assistance To Armenian Rural Areas

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • US Grants Assistance To Armenian Rural Areas

    US GRANTS ASSISTANCE TO ARMENIAN RURAL AREAS

    ITAR-TASS, Russia
    Dec 13 2006

    YEREVAN, December 12 (Itar-Tass) -- The U.S. government has transferred
    the first tranche of financial aid to Armenian rural areas within the
    framework of the Challenges of the Millennium programme. The tranche
    amounted to 882,000 U.S. dollars

    Late in May, Armenia will receive another 507,000 U.S. dollars,
    representatives of the U.S. same-named governmental corporation said
    on Tuesday.

    Armenia is one of 19 countries, which the U.S. government has chosen
    for the programme that envisages non-repayable assignment of 236
    million U.S. dollars within five years for the implementation of
    projects of the republican authorities.

    The Armenian government chose to develop rural territories and to
    reduce poverty. Some 750,000 villagers will receive the assistance.

    The programme envisages that 146 million U.S. dollars will be assigned
    for restoring irrigation facilities, and 67 million U.S.

    dollars - for reconstructing 943 kilometers of rural roads, head of
    the programme management council Ara Ovsepian said.

    In his words, the programme will be implemented under the public
    control.

    The U.S Temporary Charge d'Affaires in Armenia Anthony Godfrey believes
    that the programme is an extraordinary chance for Armenia.

    It will help to reduce poverty and increase incomes of rural residents.

    The government of Armenia must do its best to continue democratic
    reforms and provide for fair management in order to continue receiving
    the funding, the diplomat said.

    With this in mind, he pointed out the importance of free and fair
    elections of the Armenian parliament in 2007 and presidential elections
    in 2008.

    The Challenges of the Millennium Corporation is optimistic regarding
    the forthcoming in 2007 and 2008 elections, which will show progress
    in the electoral process, a corporation representative said.
Working...
X