“MILLENNIUM CHALLENGE” FUND SESSION

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[06:03 pm] 11 May, 2006

The trustees’ council session of the “Millennium Challenge” fund
Armenian program was convened today which was presided over by the
chairman of the council and RA Prime Minister Andranik Margaryan. The
representatives of the NGOs were also invited to the session;
among them Nazeli Vardanyan, chairman of the NGO “Armenian Forests,”
Jemma Hasratyan, head of the NGO “Women with university education,”
and Levon Barseghyan, chairman of the NGO “Asparez” journalists’ club.”

The key issue of the session was the information presented by head
of working group of the “Millennium Challenge” fund Armenian program,
chairman of the council and RA Deputy Minister of Finance and Economy
David Avetisyan.

The council also discussed and supported the results of technical
suggestions evaluation got as a result of a contest which was aimed
at choosing financial agent of the program. It was announced that
the prequalifying committee held an assessment in accordance with the
qualification criteria of the “Millennium Challenge” cooperation and
as a result of it three organizations were involved in the contest
list. One of them was disqualified because of its low points. The
prequalifying results of the other two organizations were approved
by the council. Later they will be presented to the “Millennium
Challenge” cooperation for approval. The winner will be made public
after revealing the financial suggestions of the above mentioned
organizations and their evaluation.

The participants of the session also referred to other organizational
issues.