MILLENNIUM CHALLENGE BENEFICIARIES TO BE ELECTED IN SEP 27

ARKA
September 5, 2008

YEREVAN, September 5. /ARKA/. Millennium Challenge Armenia (MCA) will
hold new elections of the Stakeholders’ Committee on September 27,
reported Ara Hovsepyan, MCA executive director.

The 15 members of the committee will be elected by a secret ballot. The
term of office of the acting SC will end on September 29.

Farmers, NGO representatives and all the interested parties approved
today the SC election procedure, Hovsepyan said.

"The Millennium Challenge Program enjoys popularity, being a unique
and highly effective grant program," he was quoted saying.

The mission of SC is to protect the interests of beneficiaries and
make their own suggestions to program implementation.

Launched on September 29, 2006, MCA signed a five-year, $235mln compact
with the Government of Armenia. The document focuses on rural poverty
reduction and sustainable increase in the economic performance of
the agricultural sector.