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Millennium Challenge Fund Concerned About Compliance With Some Crite

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  • Millennium Challenge Fund Concerned About Compliance With Some Crite

    MILLENNIUM CHALLENGE FUND CONCERNED ABOUT COMPLIANCE WITH SOME CRITERIA FORMING PROGRAM'S BASIS

    Noyan Tapan
    http://www.nt.am/news.php?shownews=113455
    Ma y 16, 2008

    YEREVAN, MAY 16, NOYAN TAPAN. During a tete-a-tete talk with the
    U.S. State Department's Coordinator for Assistance to Europe and
    Eurasia Tom Adams, the Armenian president Serge Sargsian attached
    special importance to the strengthening of Armenia's relations with
    the United States, viewing these relations in the context of economic
    success, democratization and regional stability.

    The sides spoke about the postelection situation in Armenia and
    the resultant problems. They discussed further activities of the
    Millennium Challenge Fund. According to the RA president's press
    service, Tom Adams said that they have some concern over compliance
    with the criteria forming the basis of the program.

    Noting that the Fund-sponsored programs are mostly aimed at poverty
    reduction and overcoming the disproportion in development of urban
    and rural settlements, Serge Sargsian said that Armenia intends
    to continue its cooperation with the Millennium Challenge Fund. As
    for the economic and political criteria that form the Fund's basis,
    the president pointed out that there has been no regress from the
    economic point of view, to which Tom Adams agreed, saying that
    Armenia's macroeconomic indices were and continue to be good.

    The interlocutors exchanged ideas about the political criteria and
    processes as well. The president underlined the necessity to give
    a correct assessment of the situation. Tom Adams considered it
    important to conduct a deep inquiry into the electoral violations
    and postelection developments.
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