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 | Narek Manasyan wins European Boxing Championships silver for Armenia Armenia’s Narek Manasyan (92kg) won Armenia’s second silver medal at the European Boxing Championships 2024 on April 28. Blinken urges Azerbaijan to continue negotiations with Armenia Secretary of State Antony J. Blinken has urged Azerbaijani President Ilham Aliyev to continue negotiations with Armenia. Pashinyan, Blinken talk Armenia-U.S. ties over the phone Prime Minister Nikol Pashinyan had a phone conversation with US Secretary of State Antony Blinken on April 28, Pashinyan’s office reports. Titus, Bilirakis lead legislation to sanction Azerbaijani war criminals Representatives Dina Titus (D-NV) and Gus Bilirakis (R-FL) have introduced the bipartisan legislation. |