MILLENNIUM CHALLENGE CORPORATION DOESN’T FINANCE ROAD CONSTRUCTION IN ARMENIA

PanARMENIAN.Net
08.04.2009 15:52 GMT+04:00

Millennium Challenge Corporation has upheld the decision on suspension
of financing of road construction in Armenia.

"This is the result of Armenia’s failure to resolve human rights
problems," Levon Barseghyan, Asparez Club chairman told reporters
today. "The program was suspended although the Armenian government
allocated $16,8 million to reach the index envisaged."

He informed that 60 non-governmental organizations offered a plan
to improve political and economic situation in the country and help
resume MCA financing.