ARMENIA DEPRIVED OF MILLENNIUM CHALLENGE CORPORATION’S ASSISTANCE?
news.am
July 12 2011
Armenia
YEREVAN.- Armenia will not be able to receive financial assistance
from the Millennium Challenge Corporation (MCC), unless corruption
and fair governance indicators are improved, writes the Armenian
Haykakan Zhamanak newspaper.
Such a conclusion can be drawn from a statement of the U.S. Embassy
received by the newspaper in response to their request to comment on
the situation.
The statement in particular mentions that MCC is cooperating with
the countries with free economy which are investing in their people.
Compliance of MCC programs with a certain country is determined based
on implementation of MCC parameters. These indicators are estimated
every November. During the MCC session held this January provision
of the second program to Armenia was not discussed.
Newspaper’s sources in U.S. Embassy confirmed the information.
“Armenia can apply for MCC funding until November, thus the indicators
should be improved by this time,” the newspaper writes.
From: A. Papazian