07 Nov 2026
US to provide $120 million grant to Armenia
Deputy Prime Minister Mher Grigoryan and USAID Chief of Mission John Allelo signed a five-year cooperation agreement on development cooperation between Armenia and the U.S. under which Armenia will receive a $120 million grant.
The agreement aims to strengthen democratic values and ensure economic stability, the press service of the Armenian government informed Armenian News-NEWS.am.
On behalf of the Armenian government and himself, Grigoryan thanked the U.S. side for its assistance. "The directions defined by the agreement are of great importance for overcoming the economic challenges facing Armenia in this difficult period, stable development and strengthening of democracy in the country," he said.
For his part, Allelo expressed gratitude to all of the government partners who participated in drafting the agreement.
The agreement seeks to promote transparency and accountability in government, strengthen the capacity of local government, and promote participation and inclusiveness in electoral-political processes and the rule of law. The programs to be implemented under the document will promote inclusive citizen participation in the governance process, increasing the availability of independent, diverse sources of information. To enhance economic stability, programs will focus on enhancing private sector competitiveness, strengthening the workforce, and sustainable management of natural resources.
Latest news
Latest newsBulgaria Presents Draft 2027 State Budget: Increased Pensions and Investment in Development
07.Nov.2026
Russian Gerbera-2 Drone Discovered and Destroyed on Bulgaria’s Black Sea Coast
07.Nov.2026
Sofia and Washington Discuss Black Sea Security and the Future of Europe's Security Architecture
07.Nov.2026
Green Energy Corridor: a Strategic Opportunity or an Overly Costly Project?
07.Nov.2026
Kremlin Calls for European Involvement in Security Talks without Offering a Concrete Framework
06.Nov.2026
The Caspian Bridge between Azerbaijan and Kazakhstan: Ambitious Plans without Guarantees of Implementation
05.Nov.2026
Armenia Outlines Prospects for Applying for EU Membership in 2027–2028
04.Nov.2026
Moscow Seeks to Maintain Its Influence in the South Caucasus through the “3+3” Format
03.Nov.2026
Kazakhstan Resumes Oil Transit through Russia after Drone Attack
03.Nov.2026
Iliana Yotova's Victory Strengthens Political Stability and Bulgaria's Position in the Black Sea Region
02.Nov.2026
France Expands Military Surveillance Activities in the Black Sea: Romania Gains Strategic Importance
01.Nov.2026
Georgia Brings Black Sea Security to the UN Security Council Agenda
01.Nov.2026
Ukrainian Drone Attacks on Russian Oil Refineries: Russia’s Energy Infrastructure Faces Growing Risks
31.Oct.2026
Who will Pay to Protect Nature? A Council of Europe Expert’s Perspective
31.Oct.2026
OTS Expands Its Defence Agenda: Ankara’s Initiative Raises Questions About the Militarisation of the Organisation
31.Oct.2026