United States doubles Armenia assistance

YEREVAN, SEPTEMBER 11, ARMENPRESS. Deputy Prime Minister Mher Grigoryan and USAID Armenia Mission Director John Allelo have signed the amendment to the grant agreement between Armenia and the United States that will more than double the USAID assistance, bringing the funding threshold from $120,000,000 to $250,000,000. The new agreement will also expand the areas of joint programs.

The enhanced agreement will include key sectors such as disaster risk management, cybersecurity, food and energy security, regional cooperation and trade, democratic processes and inclusive economic development.

“What’s important for Armenia isn’t only the financial assistance, but also the democratic values that are promoted as a result of our joint programs, the creative ideas and developed business culture,” Grigoryan said, adding that the projects help to implement fundamental reforms and increase the quality of life of people. Grigoryan thanked the United States for supporting the implementation of Armenia’s ambitious reforms agenda.

“This amendment shows our commitment to our partnership with Armenia,” USAID Armenia Mission Director John Allelo said, according to a readout issued by the government’s press service. 

“By increasing the volume of our support and expanding our programs we are helping Armenia to develop and succeed. Our work with the Armenian government and ministries is crucial in achieving our common goals,” he added.