U.S. to allocate $20-22mln to Armenia for development of enterprises in 2011November 15, 2010 - 18:13 AMT PanARMENIAN.Net - Coordinator of U.S. Assistance to Europe and Eurasia Daniel Rosenblum said that the Millennium Challenge Corporation continues implementing projects in Armenia, while the program will be completed in the country September 2011. “During Armenia-U.S. intergovernmental committee we discussed methods for maintaining the program achievements in the fields of agriculture and water usage,” Daniel Rosenblum said in Yerevan, answering journalists’ questions on the program suspension in Armenia. He added that not all programs planned by the corporation are implemented, but the Armenian government is looking for other sources of financing, specifically, in the field of road construction. Armenian Minister of Economy Nerses Yeritsyan noted for his part that major part of these works was implemented through the assistance of the World Bank. He added that implementation of a new program of USAID will be launched in Armenia after completion of Competitive Armenian Private Sector (CAPS) program. The U.S. will allocate $44 to Armenia in 2011, out of which around $20-22mln will be directed for the development of enterprises and improvement of competitiveness, while $8mln will be allocated for reforms in the social field, specifically, healthcare, Yeritsyan said. Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion. Partner news | Czech-Armenian military cooperation discussed in Yerevan A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia. U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel. Biden honors resilience of Armenian people on April 24 U.S. President Joe Biden has issued a statement on the 109th anniversary of the Armenian Genocide. Ex-Karabakh leader moved to solitary confinement cell in Baku, his son says David Vardanyan is the son of former Karabakh leader Ruben Vardanyan who who is currently imprisoned in Azerbaijan. |