Joseph Pennington: It Is Not Clear Yet If Financial Crisis In The US

JOSEPH PENNINGTON: IT IS NOT CLEAR YET IF FINANCIAL CRISIS IN THE USA WILL AFFECT REDUCTION OF USAID PROGRAMMES IN ARMENIA

ArmInfo
2008-11-18 16:12:00

ArmInfo. It is not clear yet if financial crisis in the USA will
affect reduction of the programmes in Armenia being financed by
US government, in particular USAID, US deputy ambassador to Armenia
Joseph Pennington told ArmInfo correspondent. Anyway, he added, one
should not expect for immediate negative effect as the financing
programmes of US government in Armenia for the current years are
implemented according to the arranged plans.

He also the crisis is progressing all the time, but Mr.Pennington
has no information about reduction of USAID budget in Armenia. He
thinks something definite may be said regarding the issue only after
changing of US presidential administration in March-April 2009.

From: Emil Lazarian | Ararat NewsPress

Emil Lazarian

“I should like to see any power of the world destroy this race, this small tribe of unimportant people, whose wars have all been fought and lost, whose structures have crumbled, literature is unread, music is unheard, and prayers are no more answered. Go ahead, destroy Armenia . See if you can do it. Send them into the desert without bread or water. Burn their homes and churches. Then see if they will not laugh, sing and pray again. For when two of them meet anywhere in the world, see if they will not create a New Armenia.” - WS