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Armenia To Receive $42,872 From MCA In January

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  • Armenia To Receive $42,872 From MCA In January

    ARMENIA TO RECEIVE $42,872 FROM MCA IN JANUARY

    Panorama.am
    15:31 19/12/2007

    The Millennium Challenges Account project is important for our
    country in four aspects, Prime Minister Serzh Sargsyan said so at
    the last session of the governing board of the Millennium Challenges
    Foundation Armenia.

    Sargsyan said the first is that more than $235 million is allocated
    to Armenia within the project, which is a serious amount for our
    economy and will have its important impact in the development of the
    country just as an investment. Second, important issues are tackled
    with the project like road construction and irrigation, agriculture
    development, that is, the project complies with our policy of equal
    development of regions. The prime minister said the project has not
    only economic significance but has a political and rating aspect. He
    said the project is implemented only in countries with a certain
    level of development, so the inclusion of Armenia into the project
    indicates that our country is developing in compliance with modern
    requirements. And fourth, the project provides an opportunity to
    introduce a new work culture in Armenia.

    From: Emil Lazarian | Ararat NewsPress
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