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Millennium Challenges Program to provide 118 Million USD to Armenia.

MILLENNIUM CHALLENGES PROGRAM TO PROVIDE 118 MILLION USD TO ARMENIA FOR
RECONSTRUCTION OF WATER SUPPLY SYSTEM

YEREVAN, AUGUST 15, ARMENPRESS: “Millennium Challenges” program will
provide 118 million USD for the reconstruction of water supply system
in Armenia.

Water supply specialist of the “Millennium Challenges” task group
Tigran Kalantarian noted that the program includes reconstruction of
water dams, main canals, gravity flowing systems etc. Underscoring
the technical support, studying and training of the newly created
companies of water users, Kalantarian noted that for the development
of institutional system 5.3 million USD will be provided, another 8
million will be provided for works on projecting and on the management
of the program.

At present the US specialists are assessing Armenia’s suggestion. The
task group and US delegates are studying the opportunities for
the implementation of the program from the economic, financial and
surrounding environment viewpoints to assess how the program will
promote the poverty reduction in village areas. The assessment phase
will be finished in early fall. The agreement is expected to be formed
and signed by the end of the year.

Karagyozian Lena:
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