Armenia to apply for Millennium Challenge Corporation financingNovember 14, 2013 - 16:56 AMT PanARMENIAN.Net - Armenian Prime Minister Tigran Sargsyan instructed the Minister of Finance David Sargsyan to once again apply for the Millennium Challenge Corporation financing. As the Prime Minister stated, Washington positively assessed the Armenia-implemented Millennium Challenge program. “With all the goals fulfilled, we have another chance to apply for financing,” the official said, noting certain progress in the field of corruption risks, previously considered a weak spot. However, he said, probability of financing seems low, in view of a number of applying countries. In 2006, the U.S. Government’s Millennium Challenge Corporation (MCC) and the Government of Armenia signed a compact designed to reduce rural poverty through a sustainable increase in the economic performance of the agricultural sector. 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 | Turkey condemns Uruguay’s recognition of Armenian Genocide Turkey has condemned a newly passed law in Uruguay that recognizes the Armenian Genocide, TRT reports. IDBank, Dalma team up for Caucasian Deer Reintroduction Program IDBank has joined Dalma Garden Mall’s Green Challenge to support the Caucasian red deer reintroduction project. Through Ucom’s support the 12th Sunchild Festival concludes On May 24-28, with the support of Ucom, the 12th international environmental festival Sunchild took place in Yerevan. U.S., Turkey emphasize importance of Armenia-Azerbaijan peace deal Jake Sullivan and Akif Cagatay Kilic have discussed the normalization process between Armenia and Azerbaijan. |