  Armenia expects to receive $20mln from MCC in Q2 2011 March 11, 2011 - 17:22 AMT PanARMENIAN.Net - On March 11, the Armenian government hosted a sitting of the Governing Council of Millennium Challenge Account – Armenia, led by the Prime Minister, council chairman Tigran Sargsyan. The council approved the 19th bid, which will be submitted to the Millennium Challenge Corporation. Under the bid, Armenia expects to receive $19.948mln from the Corporation in the second quarter of 2011, out of which $19.522mln will be directed for the Irrigated Agriculture Project. The rest will be spent for the project assessment, management and control over it.   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 |  Latest news The Power of One Dram to benefit Road of Life charity  The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization.Ucom General Director gives lecture at French University in Armenia The General Director of Ucom Ralph Yirikian delivered a lecture at the French University of Armenia.Kazakhstan welcomes Yerevan, Baku’s agreement to meet in Almaty Kassym-Jomart Tokayev has welcomed the agreement of Baku and Yerevan to hold negotiations in Almaty.Armenia offers to temporarily host, preserve Gaza manuscripts The Armenian Foreign Minister has said Yerevan is ready to help preserve manuscripts from the conflict zone in Gaza. |
