Armenia Economy Politics

Statement with regard to probable suspension of MCA Armenia Project

It is acknowledged that within five years the MCA-Armenia project will contribute to the development of ¾ of rural areas of Armenia through a 235,65 million dollar value Compact of five years, signed with the US Corporation: 943 km of rural roads, 200 km of main canals, 30 000 hectares of irrigation systems, 18 gravity-fed irrigation systems and seven water preserves will be rehabilitated, special training sessions for approximately 60.000 rural population will be conducted, loans in the value of 8,5 million dollars will be provided to rural households, etc. With its scope and effectiveness, this project is unprecedented in the list of agricultural development programs ever implemented in Armenia.

Since the end of the last year, the 17 indicators that guide MCC in their decision to provide funding to our and other countries were worrisome for the Republic of Armenia: nine out of the 17 indicators are at certain risk levels for our country.

The violations of law during the latest RA presidential elections, the developments that followed them, mass violations of human rights and restrictions of media and freedom of expression can considerably lower some of the RA indicators, which, on their turn, will considerably increase the risk of suspension or termination of the program.