YEREVAN, SEPTEMBER 29, NOYAN TAPAN. Armenia will be allocated 3 million euros under the Food Security Program (FSP) of the European Commission, NT was informed by the Armenian Mission of the European Commission. The FSP is an istrument for keeping a balance of payments and state budgetary assistance in Armenia. It has provided assistance to Armenia's state budget since 1997 (1996 FSP). Until now 10 annual programs have been implemented, under which grants of 96.5 million euros of direct budgetary assistance have been provided to Armenia and 5.5 million euros has been allocated for technical assistance and implementation. The goals of FSP are in line with Armenia's Poverty Reduction Strategy Paper and aim to support the efforts of the government and society to reduce poverty through sustainable economic growth and development and ensure the process of reforms in agriculture. A special goal of the program is to support the Armenian government with improvement of the planning, management, servicing and efficient implementation of state programs, and with provision of agricultural services aimed at reducing food shortage, in particular, raising the efficiency of livestock farming and phytosanitary policy. With this new 3 million euro program, the total contribution of the FSP to Armenia's development will make 105 million euros.

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