Millennium Challenge Compact Preparation Works to Be Finished in August 2006

01.04.2006 00:52 GMT+04:00

/PanARMENIAN.Net/ The programs carried out within the Millennium
Challenge Compact will allow to reduce poverty in Armenia with 6%,
Armenian Minister of Finance and Economy Vardan Khachatryan stated at
a press conference in Yerevan today. In his words, thanks to these
programs the income of Armenian farmers will grow with 34% during
next 6 years. According to the Minister, the funds provided by the
Millennium Challenge Corporation will be spent on repair of 45% of
the country roads. He said, the preparation works will be finished
in August 2006.