Armenia expects to receive $20mln from MCC in Q2 2011March 11, 2011 - 17:22 AMT PanARMENIAN.Net - On March 11, the Armenian government hosted a sitting of the Governing Council of Millennium Challenge Account – Armenia, led by the Prime Minister, council chairman Tigran Sargsyan. The council approved the 19th bid, which will be submitted to the Millennium Challenge Corporation. Under the bid, Armenia expects to receive $19.948mln from the Corporation in the second quarter of 2011, out of which $19.522mln will be directed for the Irrigated Agriculture Project. The rest will be spent for the project assessment, management and control over it. 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 | Ucom’s fixed network launches in Nor Hachn City residents will be able to use fixed-line Internet, mobile communications and television in one package at more affordable prices. About 173 million drams and more than 30 beneficiary funds. "The Power of One Dram" is 4 years old In June 2020, the exclusive joint corporate social responsibility initiative of Idram and IDBank "The Power of One Dram" was launched. Aliyev travels to Turkey at Erdogan's invitation On June 10, Azerbaijani President of Azerbaijan Ilham Aliyev will leave for Turkey on a working visit. CSTO budget “to be adjusted due to Yerevan’s non-payment of contributions” The CSTO budget for the current year requires adjustments due to the refusal of Yerevan to pay their share of contributions. |