No changes expected in MCC activity in Armenia

April 30, 2008 - 16:51 AMT
PanARMENIAN.Net - No changes are expected in the Millennium Challenge Corporation activity in Armenia. Everything proceeds in its normal course. It's unclear what decision the Corporation leadership will take, said Ara Hovsepyan, MCA Armenia Chief Executive Officer.



"$16 million has been already assigned this year. An $11-million transfer is expected in the near future," he said, IA Regnum reports.



On March 12, U.S. Secretary of State Condoleezza Rice said that the U.S. government can suspend the MCA in Armenia over imposition of emergency rule in the republic.
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