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Millennium Challenge Is Trust Armenia Has To Justify

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  • Millennium Challenge Is Trust Armenia Has To Justify

    MILLENNIUM CHALLENGE IS TRUST ARMENIA HAS TO JUSTIFY

    PanARMENIAN.Net
    29.03.2006 00:52 GMT+04:00

    /PanARMENIAN.Net/ The Millennium Challenge Compact is the single
    largest government investment in Armenia's economy, Armenian FM
    Vartan Oskanian stated when addressing a forum on Armenian issues
    in Washington.

    The signing of the Compact drives both economic development and
    democratization in Armenia, he said.

    "The US government chose Armenia as one of the potential recipients
    because Armenia is needy. That's no secret. But there are lots of
    needy countries in the world. Why Armenia? Because the US government
    determined to contribute to the budgets of those countries that are
    themselves attempting to grow in the right direction - to govern
    justly, to encourage economic openness and to invest in people,"
    Oskanian said. "Armenia is a part of the MCC because not only is there
    plenty about our society that needs to be put right, but because we are
    on a path that is right," the Armenian FM added. As Oskanian noted,
    Armenia has the honor and the obligation to build on the confidence
    that has been placed in our government and our people. "And so,
    even as we spend these funds to turn mud into asphalt and to give
    farmers the irrigation water that is their lifeblood, we will work
    to make sure that good governance and the principles of an open and
    fair society take root in our homeland," Oskanian stated.
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