$25 Million Agreement To Be Signed

$25 MILLION AGREEMENT TO BE SIGNED

Panorama.am
17:26 11/06/2007

A $25 million agreement is arranged within Millennium Challenges
Account program, John Danilovich, chief executive officer of Millennium
Challenges Account (MCA) -Armenia, said at a ceremonial opening of
MCA Armenia office. Danilovich praised the implementation pace saying
"Armenia has seriously taken its responsibility." Danilovich was also
content with the parliamentary elections.

Millennium Challenges Corporation (MCC) annual board meeting will
deliberate on Armenia’s involvement in the program, among other
countries. Vardan Khachatryan, minister of finance and economy said
poverty will be down by 5 percent in Armenia due to MCC programs.

Reminder: MCC launched a 5 year program on September 29, 2006 with
a total cost of $236 million. Armenia has received $ 6 million so far.

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