Armenia to apply to Millennium Challenge Corporation for $1,6 million fundingMay 11, 2009 - 13:19 AMT PanARMENIAN.Net - Millennium Challenge Fund -Armenia NGO passed a draft application to Millennium Challenge Corporation for additional tranche provision, RA Government Press Service reported. Millennium Challenge Fund -Armenia CEO Ara Hovsepyan noted that the application for extra tranche contained a request for USD 1,6 million funding. According to Hovsepyan, means received will be allocated to rural roads reconstruction in accordance with 2008 Project. Reconstruction works were resumed in April 2009. 272,9 km of road will be repaired till June 30, 2010. AMD 1,9 million will be allocated to reconstruction works in April-May 2009. Upon receiving ratification by Millennium Challenge Fund -Armenia Administrative Board chairman, RA Prime Minister Tigran Sargsyan, the application will be submitted to millennium Challenge Corporation. 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 | Lithuania sending €100,000 to help Armenia fight floods consequences Armenian Prime Minister Nikol Pashinyan took to social media to thank his Lithuanian counterpart for the contribution. U.S. “deeply troubled” by Azerbaijan's arrest of civil society members The United States is deeply troubled by the continued arrest of members of Azerbaijani civil society, Matthew Miller has said. Turkey condemns Uruguay’s recognition of Armenian Genocide Turkey has condemned a newly passed law in Uruguay that recognizes the Armenian Genocide, TRT reports. For the first time, Armenia votes in favor of Georgia resolution in UN Armenia on Tuesday, June 4 voted for the first time in favor a resolution adopted by the United Nations General Assembly. |