: :inin Kyiv (EET)

USA to reduce financial aid to Armenia by 67% 


ArmInfo. The administration of the US President Donald Trump released its budget recommendations for the fiscal year 2018 (FY18) before the Congress.

As the press service of the Armenian Assembly of America told
ArmInfo, the proposed budget for FY18, called “A New Foundation for
American Greatness,” recommended a 29 percent cut overall and a 60
percent reduction in assistance to Europe and Eurasia.

Under the Administration’s budget, aid to Armenia would be reduced by
67 percent, dropping from $20.4 million in FY16 to $6.8 million
proposed for FY18. Compared to other post-Soviet nations in the
region, Georgia and Ukraine are slated for …read more

Source: Arminfo

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