YEREVAN, JUNE 16, NOYAN TAPAN. Armenia has not received so far any official letter on the June 10 decision of the Millennium Challenge Corporation (MCC) Board of Directors, CEO of Millennium Challenge Account-Armenia (MCA-Armenia) state noncommercial organization Ara Hovsepian said at the June 16 sitting of the MCA-Armenia Council of Beneficiaries. To recap, under a decision of the MCC Board of Directors the financing of the program on road rehabilitation in Armenia will not resume. According to an official report of the MCC, the financing was suspended due to the Armenian government's actions which do not proceed from the MCC principles of democratic governance promotion. The MCC CEO Rodney Bent said that he does not think that the MCC Board of Directors will address this issue again in the future. In the words of Ara Hovsepian, it will become clear what measures should be taken with respect to the suspension or freeze of the program only after an official letter from the MMC is received. Under the MCA-Armenia program, the financing of rural road rehabilitation made up about 25% of the total sum: out of a total of 235 million 650 thousand dollars, 64 million dollars was allocated for rural road rehabilitation. It was planned to repair roads of the total length of 273 km in nearly all marzes (provinces) of the country. A. Hovsepian announced that repairs of these roads are still being carried out with 16.8 million dollars received from the Armenian government, but the financial resources received from the state budget will run out by late June. In response to the question of what steps should be taken to carry the repair work to its logical conclusion, A. Hovsepian said that other sources of financing must be found so as to finish the launched work because both the population and road traffic are suffering from it.

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