Newsfeed

VTB Bank (Armenia) among top 3 Armenian banks by amount of taxes paid in Q1 2016

Armenian Defense Ministry on possible provocations on May 9: One should be vigilant - the situation may escalate at any moment

In 2015 Anelik Bank increased personal time deposits by 16% amid 20% growth in retail lending

Aliyev gives an award to murderer of Armenian soldier Kyaram Sloyan

Ashotyan: Armenia pins no hopes on allies within CSTO

Yerevan: Baku is preparing ground for new military actions

Azerbaijani side pulling more forces and military hardware to its positions along Line of Contact: NKR Defense Army

Beeline Subscribers buying Micromax Bolt D320 smartphones to get a subscription to Smart 1500 tariff plan and 5GB internet

Commanders of volunteer platoons call on fresh forces to join them on frontline in Nagorno Karabakh

Serviceman Sargis Gasparyan died in Stepanakert on May 2 night

Zardusht Alizade: After Ukraine and Syria, Putin wants to play a peacekeeper’s role in Karabakh

Azerbaijani Armed Forces again shelling Armenian positions

Nagorno-Karabakh Defense Army: Adversary will receive response for its actions

Two servicemen of Nagorno-Karabakh Defense Army die in conflict zone

Hrant Bagratyan stresses the need to expand the scale of dismissals in Armenian Defense Ministry system

Head of EU Delegation to Armenia: Both Armenians and Azerbaijanis should prepare for peace

Parliamentary forces of Armenia ready to sign "gentleman's agreement" on excluding pre-election bribes

Mammadyarov to Sargsyan: Conditions put forward for resumption of negotiations undermine peace process on settlement

Azerbaijani FM: Russia has offered a phased solution to the Nagorno-Karabakh conflict

Zaruhi Postanjyan: Large-scale armed hostilities in Artsakh are yet to start

Armenian delegation comments on the ban on Artsakh flag at Eurovision Song Contest

UITE: 300 specialists and 50 companies in IT sector and engineering willing to contribute to development of Military Industrial Complex of Armenia

Sharmazanov to Mammadyarov: Baku will not succeed in its attempts to throw dust in eyes of international community

Armenian PR Association to establish with Beeline's support the first national PR award in Armenia

Areximbank-GPB Group staff members visit schools in Armavir region under My Finance Month-2016 project

Armenia's Parliament Vice Speaker: No negotiations are possible unless Azerbaijan stops violating ceasefire

U.S. Congresswoman Loretta Sanchez Calls for Leahy Law Investigation of Azerbaijani Abuses

Bako Sahakyan says Karabakh will cede no land and urges world community to reconsider its attitude towards aggressor

Bako Sahakyan: Karabakh conflict cannot be settled, unless Artsakh in involved in peace talks

Konstantin Kosachev: Turkey's stance on Karabakh encourages of one the sides to the conflict to continue it

Azerbaijan continues violating ceasefire arrangements

Armenian Defense Ministry registers 18 incidents on border with Azerbaijan

SCR: Number of railway casualties in Armenia keeps increasingly growing

Ankara hopes Karabakh conflict will be resolved with due regard for 'sovereignty' of Azerbaijan

Beeline extends functions of My Beeline Armenia application

Nikol Pashinyan: Opposition exaggerates Electoral Code's role in holding fair elections

France-Karabakh Circle of Friendship perplexed by lack of Paris' official reaction to Baku's explicit threats

Nagorno-Karabakh Defense Army presented evidences of rocket bombardment of Mataghis by Azerbaijani armed forces

Central Bank of Armenia approves merger agreement of ProCredit Bank and INECOBANK

Stratfor forecast: Military escalation will continue to be a possibility in Nagorno-Karabakh, with effects that reach far beyond the bounds of the small contested territory

EU supports peaceful resolution of Karabakh conflict, Malena Mard says

Azerbaijan's armed forces fire more than 240 rounds at Karabakh positions and target Mataghis populated area overnight

Armenia's Defense Ministry: Azerbaijan shells at state border with Armenia

U.S. Department of State: We have remained in contact with both governments and we need to see the peace process back up and running as soon as possible

Manvel Sargsyan: Armenia due to reconsider fundamentally its 20-year-long policy towards Russia

Regional

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

  • by Alexandr Avanesov

  • Thursday, June 12, 00:38

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.

Send to a friend

To (e-mail)


Your name


Message


Comments

View comments (0)
  • READ ALL COMMENTS
  • POST A COMMENT

Be first to comment on this article

* Indicates required fields