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US SUSPENDS ONLY 25% OF FUNDING FOR MILLENNIUM CHALLENGES- ARMENIA
news.am
Sept 5 2011
Armenia
YEREVAN.- Suspension of funding in 2009 did not become an impassable
obstacle to further implementation of the Millennium Challenges
program in Armenia, Millennium Challenge Account CEO Ara Hovsepyan
told journalists on Monday.
Back in 2009 the Millennium Challenges Corporation decided to suspend
funding of rural roads in Armenia explaining it by difficulties with
democratic governance in the country.
Opposition members consider reduction in funding was a reminder of
the human rights violations during the March 1, 2008 events in Yerevan.
"I do not want to talk about the political motives of the decision,
although funds derived from the program accounted for only about 25%
of the total budget. It was initially envisaged to allocate $235
million, but $177 funding was granted finally," he said.
Speaking about possible negotiations with the United States to approve
a new program for Armenia, Hovsepyan said that the U.S. corporation
takes decisions based on country's indicators.
"The Corporation publishes them every year, after a review on Armenia
is presented, we will find out whether our country can make a claim
for a new program," he said.
From: Baghdasarian
news.am
Sept 5 2011
Armenia
YEREVAN.- Suspension of funding in 2009 did not become an impassable
obstacle to further implementation of the Millennium Challenges
program in Armenia, Millennium Challenge Account CEO Ara Hovsepyan
told journalists on Monday.
Back in 2009 the Millennium Challenges Corporation decided to suspend
funding of rural roads in Armenia explaining it by difficulties with
democratic governance in the country.
Opposition members consider reduction in funding was a reminder of
the human rights violations during the March 1, 2008 events in Yerevan.
"I do not want to talk about the political motives of the decision,
although funds derived from the program accounted for only about 25%
of the total budget. It was initially envisaged to allocate $235
million, but $177 funding was granted finally," he said.
Speaking about possible negotiations with the United States to approve
a new program for Armenia, Hovsepyan said that the U.S. corporation
takes decisions based on country's indicators.
"The Corporation publishes them every year, after a review on Armenia
is presented, we will find out whether our country can make a claim
for a new program," he said.
From: Baghdasarian