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No Changes Expected In MCC Activity In Armenia

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  • No Changes Expected In MCC Activity In Armenia

    NO CHANGES EXPECTED IN MCC ACTIVITY IN ARMENIA

    PanARMENIAN.Net
    30.04.2008 15:51 GMT+04:00

    /PanARMENIAN.Net/ No changes are expected in the Millennium Challenge
    Corporation activity in Armenia.

    Everything proceeds in its normal course. It's unclear what decision
    the Corporation leadership will take, said Ara Hovsepyan, MCA Armenia
    Chief Executive Officer.

    "$16 million has been already assigned this year. An $11-million
    transfer is expected in the near future," he said, IA Regnum reports.

    On March 12, U.S. Secretary of State Condoleezza Rice said that the
    U.S. government can suspend the MCA in Armenia over imposition of
    emergency rule in the republic.
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