ArmInfo.. Washington will grant $120mln to Armenia. Armenia's government has approved a proposal for a relevant cooperation agreement between the RA and USA.
The agreement is aimed at supporting democratic reforms and economic stability in Armenia.
The USAID grant will be provided as follows: $68,565,000 for democracy, $51,435,000 for economic stability.
Considering the shocks caused by the Karabakh war and COVID-19, as well as the fair and transparent parliamentary elections in 2021, the United States pledges to support Armenia in organizing effective management, retaining democratic achievements and coping with economic challenges.