Chief Executive Officer of the US Millennium Challenge Corporation John Danilovich is arriving in Yerevan today. In the words of Minister of Finance and Economy of Armenia Vardan Khachatryan, the aim of the visit is to discuss details of the Millennium Challenge Account in Armenia, acquaint with preparation works on establishment of the Millennium Challenge Corporation office in Armenia, planned to be run in June 2006. Within the framework of the visit projects already implemented in Armenia within the Millennium Challenge Account and planned programs will be considered, reports Novosti-Armenia.

To remark, the Compact on providing $235.5 million for 5 years within the Millennium Challenge Account was signed in Washington by V. Khachatryan and J. Danilovich on March 27.