USAID to provide $130 mln in grant to Armenia

PanARMENIAN.Net - The U.S. Agency for International Development (USAID) will allocate an additional $130 million to Armenia to improve the efficiency of public administration.

The project was approved at A meeting of the Armenian government on Thursday, September 5.

Initially, within the agreement concluded between Deputy Prime Minister of Armenia Mher Grigoryan and Director of USAID in Armenia John Allelo for 5 years in 2022, a grant of $120 million was supposed to be allocated to Armenia.

The agreement aims to strengthen democratic values ​​and ensure economic stability.

The government noted that the funds are planned to be allocated to institutionalize effective and accountable governance, including in the economic sphere, ensure civil participation in strengthening democratic consolidation, increase the competitiveness of target sectors, improve sustainable management of natural resources, preserve democratic achievements, and overcome economic challenges.

In July, the Armenian government announced that USAID would provide $5 million in funding to support collaboration between Amazon Web Services and the Armenian government to implement cloud infrastructure. In addition, the agency’s head, Samantha Power, promised to help Yerevan ensure energy security and independence.