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Millennium Challenge Corporation Doesn't Finance Road Construction I

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  • Millennium Challenge Corporation Doesn't Finance Road Construction I

    MILLENNIUM CHALLENGE CORPORATION DOESN'T FINANCE ROAD CONSTRUCTION IN ARMENIA

    PanARMENIAN.Net
    08.04.2009 15:52 GMT+04:00

    Millennium Challenge Corporation has upheld the decision on suspension
    of financing of road construction in Armenia.

    "This is the result of Armenia's failure to resolve human rights
    problems," Levon Barseghyan, Asparez Club chairman told reporters
    today. "The program was suspended although the Armenian government
    allocated $16,8 million to reach the index envisaged."

    He informed that 60 non-governmental organizations offered a plan
    to improve political and economic situation in the country and help
    resume MCA financing.
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