  Millennium Challenge Compact Preparation Works to Be Finished in August 2006March 31, 2006 - 18:52 AMT PanARMENIAN.Net - The programs carried out within the Millennium Challenge Compact will allow to reduce poverty in Armenia with 6%, Armenian Minister of Finance and Economy Vardan Khachatryan stated at a press conference in Yerevan today. In his words, thanks to these programs the income of Armenian farmers will grow with 34% during next 6 years. According to the Minister, the funds provided by the Millennium Challenge Corporation will be spent on repair of 45% of the country roads. He said, the preparation works will be finished in August 2006.  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 |  Related sections Latest news Czech-Armenian military cooperation discussed in Yerevan  A delegation led by the Director General for the Industrial Cooperation Division of the Ministry of Defence of the Czech Republic visited Armenia.U.S. welcomes efforts to define Armenia-Azerbaijan border The United States welcomes efforts to define the border between Armenia and Azerbaijan, says Vedant Patel.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. |
