Armenia received $110 million from USAID last year
In 2024, Armenia received $110 million from the US Agency for International Development (USAID) as part of a cooperation agreement, Sputnik Armenia reports, citing the country’s Foreign Ministry.
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📝 Summary
In 2024, Armenia received $110 million from the US Agency for International Development (USAID) as part of a cooperation agreement, Sputnik Armenia reports, citing the country’s Foreign Ministry.
The agreement on the development of cooperation provided for the allocation of $ 120 million to Yerevan, but in September 2024 the document was amended, the threshold of the amount increased from $ 120 million to $ 250, the list of joint projects was expanded. Of the $110 million allocated by the United States, $49 million went to “facilitate a democratic transition,” the Armenian Foreign Ministry explained, adding that projects funded by the State Department and USAID are now frozen. The work of USAID was actually stopped after the inauguration of US President Donald Trump. American entrepreneur Elon Musk called USAID a "criminal organization" that "is time to die.".
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