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  • New Applications Are Confirmed

    NEW APPLICATIONS ARE CONFIRMED

    LRAGIR.AM
    17:24:00 - 12/06/2009

    Today, the regular session of the administration board of the
    Millennium Challenge Account Armenia took place, which was headed by
    the Head of the board Tigran Sargsyan.

    The administration board discussed and confirmed the application of
    allocation, which is to be presented to the Millennium Challenge
    Corporation, and the financial reports of the quarter and other
    working documents.

    The executive director of the Millennium Account Armenia Ara Hovsepyan
    noted that in the forthcoming quarter it is planned to receive 8
    million 732 thousand 632 dollars from the Corporation. The sum will
    mainly be directed to the implementation of projects on agricultural
    irrigation sub-lines. One million is planned to be allocated to
    farmers.

    In accordance with the decision of the Millennium Challenge
    Corporation, the financing of the reconstruction works of rural roads
    will be stopped.
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