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 | 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. Macron says France commemorates 109th anniv. of Armenian genocide Today France commemorates the 109th anniversary of the Armenian genocide of 1915, Macron says. Freedom House concerned by mounting reports of police violence in Armenia Freedom House urged Armenian authorities to investigate this pattern of excessive force and inhumane treatment. |