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3 million euros provided in budget support to Armenia from EC

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  • 3 million euros provided in budget support to Armenia from EC

    3 million euros provided in budget support to Armenia from European
    Commission Food Security Programme

    http://www.nt.am/news.php?shownews=1012 853

    YEREVAN, MARCH 10, NOYAN TAPAN. 3 million euros has been provided in
    budget support to Armenia from the European Commission Food Security
    Program (FSP), NT was informed by the Office of the European Commission
    Delegation to Armenia.

    The FSP has provided support to the state budget of Armenia since the
    1997 fiscal year. 10 annual programs have been successfully implemented
    since then, with 96.5 million euros being given as direct budget
    support and 5.5 million euros as technical assistance and follow up.

    The FSP's contribution to development of Armenia with the successfully
    implemented 2007-2008 EC Food Security Programme amounts to 105 million
    euros.

    The special purpose of the 2007-2008 FSP was to help the Armenian
    government improve the development, management and implementation of
    state programs and raise the quality of agricultural services.
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