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Nikol Pashinyan Tore to Bits SCPEC Armenia's Head

Armenian Assembly of America urges US Subcommittee to allocate $40 million in assistance to Armenia

Orange Contributing to the Project "Bringing Sight to Armenian Eyes"

Defense Ministry of Armenia sets up special organization to manage Karen Demirchyan Sports and Concert Facility

Beeline Announces "Information Technologies in my Life" Contest

SCR offers preferential fares for electric trains in April

Zhirair Sefilian: the "Founding Parliament" to Start 24/7 Tea Parties since April 24

Washington Forecast: USA Paying More Attention to Baku as a versus to Armenian-Russian Axis

Seyran Ohanyan: Russia assists Armenia globally

Tigran Urikhanyan leaves Prosperous Armenia Party

VTB Armenia Mortgage Portfolio to Increase by 10-20% in 2015

Baku blacklists journalists for attending medias forum in Yerevan

Defense Minister of Armenia says reasons why Armenian soldier crossed border into Azerbaijan must be sought in his family

Azerbaijan uses mortars on Line of Contact

Armenian soldier dies from heavy wounds received when repelling adversary

Traian Hristea: Metsamor NPP Prescheduled Shut-Down is the EU Main Purpose

Defence Minister: the Situation on the Front Line is Under Control of Armenian Armed Forces

In 2014 VTB Armenia Strengthened its Positions in Retail Business

VTB Armenia Bank Investments in Branch Network Modernization Exceeding 5 Million USD

Official: State Commission keeps an eye on large economic entities

Official: "ENA" CJSC quits discrimination against consumers

Raffi Hovannisian: Meeting of Armen Martirosyan and Rubik Hakobyan with Serzh Sargsyan does not run contrary to Heritage Party's stand

South Caucasus Railway: Efficiency of investments in railway infrastructure of Armenia evident

Magnitude 3.7 quake hits north of Armenia

British parliamentarian demands Government to recognize Genocide of Armenians

Valery Gergiev's concert in Yerevan postponed

Beeline supports screening of "Komitas: Crane of Melancholy" film-performance

Parliament Vice-Speaker Harshly Criticizing Levon Ter-Petrosyan's Speech on the Centennial of the Genocide

ACBA-CREDIT AGRICOLE BANK: new capacities on a new website

Ishkhan Mkhitaryan: Armenian Card ready for technological leap in credit card market

Ministry of Defence Armenia: The Karabakh Conflict Zone Situation is Tensed, but Under Control

Inspections Performed in Akhtala Ore Mining Plant

Former employees of Nairit Plant demand their wages again

Armenian Foreign Ministry tries to find out if there were Armenian citizens of board the crashed Airbus A320

Levon Ter-Petrosyan introduces his own option of All Armenian Declaration on 100th Anniversary of Armenian Genocide

Ukrainian political expert: Poroshenko due to abandon idea of Ukraine's liberation

National Assembly of Armenia passes draft resolution condemning Genocide against Greeks and Assyrians

Heidi Hautala: If Turkey recognizes Armenian Genocide, it will open doors for peaceful settlement of Karabakh conflict

Cyprus Parliament drafts bill criminalizing Armenian Genocide denial

Commandos: Tension in Karabakh conflict zone will continue till April 24

Views from Kiev: Kremlin passes on to a new phase of fundamental tragedy

Political expert: Uncertainty in Armenia-EU relations overcome

Belarus disclaims rumors about arms sale to Azerbaijan

Ambassador: Czech Republic will be represented at Armenian Genocide Centennial commemorations in Yereven at level of parliament vice speaker

Stepanakert: Azerbaijan's video about Armenian serviceman's crossing the contact line into Azerbaijan violates international legal standards

Ex-premier: Armenia should recognize and condemn genocides in Rwanda, Cambodia, Darfur

Beeline upgrades GSM and 3G networks in Yerevan

Swiss parliamentarians to attend Armenian Genocide centennial events in Yerevan

Expert: The Kremlin realizes that it will lose Armenia and Azerbaijan as a result of possible war in Karabakh

VTB Bank (Armenia) jointly with Ameriabank fund construction of energy-efficient greenhouse complex

MP: Millennium Challenge Corporation stopped financing Armenia because of corrupt schemes applied in the country

  • by Alexandr Avanesov

  • Wednesday, June 11, 19:38

The Millennium Challenge Corporation stopped financing Armenia because of corrupt schemes applied in the country, opposition MP Naira Zohrabyan said in the parliament on Wednesday.

She said that as much as $16.6mln was misused under such schemes. "It turns out that this money was used to teach Armenian farmers to correctly grow potato and milk cows," Zohrabyan said. 

Concerning the budget 2013, she said that while the government keeps claiming that everything is OK, more and more people are becoming poor.  "If everybody is saint who then has stolen the cross from the dome of the church?" Zohrabyan said quoting an old anecdote. "Our government has created a virtual world and is not willing to come out of it. All of their figures are just empty talk. If everything is OK, then why have they failed to increase GDP by as much as they promised, why is Armenia listed among the countries with highest investment risks, why are the rates of unemployment and emigration growing? Go to the border and see what is going on there. Why should an Armenian change his name to Azeri one just to leave his country?" Zohrabyan said.

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