WHAT CONDITIONED CANCELLATION OF ARMENIA’S FUNDING BY MILLENNIUM CHALLENGE CORPORATION?

/PanARMENIAN.Net/
12.06.2009 17:18 GMT+04:00

/PanARMENIAN.Net/ "The decision of the American "Millennium Challenge
Corporation" (MCC) to stop Armenia’s funding, is related to the Yerevan
City Council Elections on May 31," Armenia’s ex-prime minister Hrant
Bagratyan told a news conference today.

According to Mr.Bagratyan, MCC has not very good relations with the
WB. "The fact that the WB has decided to provide Armenia with a credit
after American corporation announced about its decision to suspend
Armenia’s funding aftermath, proves that these two organizations are
playing against each other," he said emphasizing that statements of the
WB always contradict to each other, which is not WB’s fault. "Armenia
itself does not provide the WB with a profound and exact analysis in
respect to the real state of affairs, therefore very often statements
and forecasts of the WB are not confirmed", he said.

From: Emil Lazarian | Ararat NewsPress