December 14, 2010 - 20:17 AMT
Armenia expects USD 21,5 million funding from Millennium Challenge Account in first quarter of 2011

Armenian government hosted a sitting of the Millennium Challenge Account Armenia council, led by the Prime Minister, council chairman Tigran Sargsyan.

At the meeting, the council approved the application to be submitted to Millennium Challenge Corporation.

The application stipulates for Armenia’s expectations for USD 21,5 million funding in the first quarter of 2011, with USD 20,8 million to be allocated to Irrigation Program. The remaining part will be provided for program assessment, management and control.