ARMENIAN PROPOSAL TO BE SUMITTED TO MILLENNIUM CHALLENGES PROGRAM SHOULD
PROMOTE ECONOMIC GROWTH OF COUNTRY
YEREVAN, November 19 (Noyan Tapan). The cost of the program, which will
be included in the Armenian proposal to be submitted for financing
within the framework of the US Millennium Challenges program, is not
specified yet.
The RA Minister of Finance and Economy Vardan Khachatrian stated at
the November 19 press conference that the government is developing a
proposal that will most promote the economic growth and include only
one program. The minister noted that during the Armenian delegation’s
visit to the US in late October the proposal of 0 million was presented
only to “negotiate and discuss it.” It included 6 programs and was
envisaged for 3 years, while it was required to present a program
envisaged for 2 years.
It is noteworthy that the RA government plans to present its proposal
to the Millennium Challenges corporation in the coming months. It is
envisaged to be related to rural infrastructures.
To recap, the budget of the Millennium Challenges corporation is 2-3
billion dollars, and the number of candidate countries is 17.