USAID Gifts Armenian Government $120 Million

USAID Gifts Armenian Government $120 Million

YEREVAN, ARMENIA – The state news agency of the government of Armenia, Armenpress reported today that the Pashinyan government has approved to receive a $120 million grant from the United States Agency for International Development (USAID) “to strengthen democracy and economic stability” in Armenia.

$68.6 million will be used supposedly for “promotion of democracy” and $51.4 million for “improvement of economic security.”

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