...

U.S. to provide Armenia with over $30 million to promote democratic reforms

Armenia Materials 30 January 2013 14:26
The U.S. government wants to sign a new agreement with Armenia to promote democracy and governance programmes which will be unique of its kind in Europe and Eurasia, Mediamax reported today.
U.S. to provide Armenia with over $30 million to promote democratic reforms

The U.S. government wants to sign a new agreement with Armenia to promote democracy and governance programmes which will be unique of its kind in Europe and Eurasia, Mediamax reported today.

According to the Armenian government, it was reported that the head of the Yerevan office of the U.S. Agency for International Development (USAID), Karen Hilliard said this at a meeting with Armenian Prime Minister Tigran Sargsyan.

She noted that the purpose of supporting democracy and governance of Armenia will contribute to a more effective governance system and increase foreign investments to develop and strengthen the population and combat corruption.

USAID plans to provide Armenia with $32 million as financial assistance to promote democratic reforms during the next five years within the proposed agreement.

The agreement is planned to be signed until March 31, 2012.

Tags:
Latest

Latest