Millennium Challenge Program in Armenia may be stopped

PanARMENIAN.Net - The Millennium Challenge Program in Armenia may be stopped if big problems are witnessed in the republic, for example if election is declared invalid, postponed or cancelled," said John Danilovich, Chief Executive Officer of the Millennium Challenge Corporation. "I am hopeful that there will happen nothing of the kind in the near future. A month ago I had a conversation with Armenian President Robert Kocharian," he said. When asked by Congressman Knollenberg whether recall of funds allocated to Armenia is possible, Mr Danilovich said, "The allocated funds are not subject to return. The money is spent immediately upon going into the program, reports RFE/RL.



The U.S. government is expected to allot $235 million to Armenia for fiscal 2008.
 Top stories
Azerbaijani authorities report that they have already resettled 3,000 people in the Nagorno-Karabakh town of Stepanakert.
On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit.
Azerbaijani President Ilham Aliyev arrived in Moscow on April 22 to hold talks with Russian counterpart Vladimir Putin.
Authorities said a total of 192 Azerbaijani troops were killed and 511 were wounded during Azerbaijan’s offensive.
Partner news
---