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If MCC Makes A Decision To Freeze The Funding, The Armenian Side Wil

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  • If MCC Makes A Decision To Freeze The Funding, The Armenian Side Wil

    IF MCC MAKES A DECISION TO FREEZE THE FUNDING, THE ARMENIAN SIDE WILL FIND MEANS FROM OTHER SOURCES AND WILL CONCLUDE THE PROGRAM, ROBERT KOCHARIAN STATED

    Mediamax
    March 20, 2008

    Yerevan /Mediamax/. Armenian President Robert Kocharian stated in
    Yerevan today that if the U.S. government makes a decision to freeze
    the funding of the projects within the framework of Millennium
    Challenge Account, the Armenian side will find means from other
    sources and will conclude the program.

    Mediamax reports that, speaking at a news conference in Yerevan today,
    Robert Kocharian stated that he received a letter from the Executive
    Director of the Millennium Challenge Corporation John Danilovich with
    a warning on the possible freezing of the program.

    "My response message reads that we will accept the given decision with
    regret, however, we will find means for the realization of the started
    and planned programs. In this connection, I asked Mr. Danilovich to
    give us the answer as soon as possible", Robert Kocharian stated.

    The Armenian President reminded that the Armenian government considers
    the projects of Millennium Challenge Account within the framework
    of a wider program for developing rural regions, a part of which is
    funded from the Asian Development Bank, a part - from the state budget,
    and another part - from other sources.
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