Russia donates $5 million to develop rural communities in Armenia

Russia donates $5 million to develop rural communities in Armenia

PanARMENIAN.Net - Russian government has allocated over $5 million to Armenia under the 2015-2019 UNDP program for development of rural communities, ARKA reports citing Russian foreign ministry’s official website.

The project aims to ensure development, increase farming incomes, reduce poverty and improve living conditions in Armenia’s Tavush province, with 62,000 beneficiaries targeted.

“Financial, expert and technical support will be our country’s practical contribution to the international community's efforts to help Armenia achieve UN Millennium Development Goals,” the ministry’s report said. “The project will also promote further strengthening of the Russian-Armenian strategic partnership.”

 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
---