Memorandum Of Mutual Understanding Signed Between Undp And Hayastan

MEMORANDUM OF MUTUAL UNDERSTANDING SIGNED BETWEEN UNDP AND HAYASTAN ALL ARMENIAN FUND

Noyan Tapan
Oct 25 2006

YEREVAN, OCTOBER 25, NOYAN TAPAN. A memorandum of mutual understanding
was signed between UNDP and Hayastan All Armenian Fund on October
25, by which the sides express readiness to cooperate within the
framework of programs aimed at poverty reduction in rural populated
areas. As UNDP Resident Representative to Armenia, Consuelo Vidal
said, reduction of rural poverty is the subject of anxiety of both
RA government and UN. In her words, UNDP has worked out development
plans of 20 border villages. Currently work is being done on providing
financial assistance for these programs. "We are convinced that we
will be able to achieve great results thanks to uniting our efforts
with the Hayastan All Armenian Fund and the whole Diaspora," C.Vidal
said. Fund’s Executive Director, Naira Melkumian said that rural
communities development programs, in which local authorities will also
take part, will seriously improve the situation in the regions. She
informed that the Fund’s all local structures and Diasporan benefactors
are interested in implementation of these programs. It was also
mentioned that the Hayastan All Armenian Fund implemented programs
amounting to 160 mln USD during 14 years, including construction of
220 km roads, 130 km water lines, 36 schools, 3 electric conductivity
stations, 210 residential houses and 14 health institutions.