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 | Armenia Security Council chief traveling to Qatar Secretary of the Security Council of Armenia Armen Grigoryan will travel on a working visit to Qatar. Pillars installed in Armenian border village of Kirants In the Armenian village of Kirants, three border markers have been installed, and border guards stand next to them. Armenian Foreign Minister regrets “tragic loss” of Iranian counterpart The Armenian Foreign Ministry has expressed shock over the death of the Iranian President and the Minister of Foreign Affairs. Armenian PM sends condolences to Iran Prime Minister Nikol Pashinyan sent a message of condolence to the Supreme Leader Seyyed Ali Khamenei. |