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Armenia A Leading Performer in Eurasia in Econ & Political Reform

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  • Armenia A Leading Performer in Eurasia in Econ & Political Reform

    ARMENIA HAS BEEN ONE OF THE LEADING PERFORMERS IN EURASIA IN ECONOMIC
    AND POLITICAL REFORM, SAYS STATE DEPARTMENT


    YEREVAN, FEBRUARY 2. ARMINFO. Armenia has been one of the leading
    performers in Eurasia in economic and political reform, which is why
    it was only one of two countries in the region deemed eligible this
    year to receive grants from the Millennium Challenge Account, says
    State Department fact sheet U.S. Assistance to Armenia -- Fiscal Year
    2004 (October 1, 2003-September 30, 2004).

    <While economic growth has been strong, it has yet to provide
    significant benefit to the vast majority of the population. As such,
    U.S. assistance focuses on the growing small- and medium-scale
    enterprise sector. Our democracy, economic, and law enforcement
    programs will help to strengthen the democratic structures and
    foundations in Armenia, as well as support regional stability and
    security.

    The estimated $89.7 million budgeted by all U.S. Government agencies
    for assistance programs in Armenia in fiscal year 2004 is allocated
    roughly as follows based on information available as of the date of
    this fact sheet: Democracy Programs $13.0 million Economic

    Social Reform $50.2 million Security

    Law Enforcement $15.4 million Humanitarian Assistance $6.3 million
    Cross Sectoral Initiatives $4.8 million. >
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