ArmInfo. The US Agency for International Development (USAID) will additionally provide Armenia with a grant of $ 10.7 million for the implementation of agricultural and infrastructure programs, as well as for the financing of projects in the field of tourism. The proposal to amend the grant agreement "A more competitive and diversified private sector" concluded between the US and Armenian governments was approved at a government meeting on April 5.
As the Minister of Economic Development and Investments of Armenia Suren Karayan reminded, when presenting the document, on August 6, 2010, a grant agreement on assistance to the Government of the United States by the US through the United States Agency for International Development (USAID) was concluded. During the period 2010-2017. the agreement was amended about 10 amendments. The financing was aimed at developing the private sector, promoting the financial sector and infrastructure programs. As a result, as the minister said, today the US side allocated a grant to Armenia in the amount of $ 62.6 million. Following the results of the new - 11th amendment, the US government will additionally grant the RA a grant for $ 10.7 million, and the total financial assistance to the Armenian government will be $ 73 , 2 million
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