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Switzerland Will Allocate Over USD30mln To Armenia For 2013-2016

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  • Switzerland Will Allocate Over USD30mln To Armenia For 2013-2016

    SWITZERLAND WILL ALLOCATE OVER USD30MLN TO ARMENIA FOR 2013-2016

    Mediamax, Armenia
    July 16 2013

    Yerevan /Mediamax/. To implement various projects within 4 years,
    Switzerland will allocate over USD30mln to Armenia.Regional Director
    of the Swiss Agency for Development and Cooperation Rudolph Schoch
    stated this in Yerevan today presenting the strategy of the agency
    for 2013-2016. According to him, Azerbaijan will be allocated the same
    amount as Armenia, and Georgia will be granted USD34mln."Under the new
    strategy, Switzerland actually doubles the budget of assistance for
    the region", said Rudolph Schoch.Switzerland's funding for coming 4
    years will be meant for three fields. The first is economic development
    and employment which will be provided the most funds.

    Market development and professional training will be paid special
    attention to.The second field is management and public services and
    the main funds will be allocated to the local self-government bodies.

    The third sphere is defense and security and conflict
    settlement."Through the assistance, mediation and political dialogue,
    Switzerland strives to contribute to establishing peace and confidence
    building in the region", said Rudolph Schoch. - See more at:
    http://www.mediamax.am/en/news/society/7741/#sthash.hjEslznl.dpuf




    From: A. Papazian
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