// IP Marketing video - START// IP Marketing video - END

Millennium Challenge Corporation says can't fund Armenia

Millennium Challenge Corporation says can't fund Armenia

PanARMENIAN.Net - Armenia is not eligible for grants provided by the Millennium Challenge Corporation for an unexpected reason, the Voice of American said in a Facebook post.

According to a report issued on July 1 by the World Bank, Armenia is an upper-middle income economy.

The MCC said in a statement that it only supports low-income and lower-middle income countries that have adopted the path of democracy.

It was reported earlier, that U.S. Secretary of State Michael Pompeo has said that the United States is ready to assist Armenia with the MCC process after the Armenian National Committee of America (ANCA) called for a new $140 million Science, Technology, Engineering, Art, and Math (STEAM) grant for Armenia's public schools.

 Top stories
Taner Akçam says the signatures on the letters, dated 3 March and 7 April 1915, match those of Shakir on other documents.
Armenia is Russia's key partner in the South Caucasus, Russian Foreign Minister Sergei Lavrov said.
Artsakh Foreign Minister Masis Mayilyan will lead the highest-level delegation to ever visit Australia.
The issue that pitted different groups within the Armenian community and the Istanbul Governorate began in 2007.
Partner news