Government Of Armenia Received $450 Million In Grants
From EU And USA In 2007-2014
By Hrayr Manukyan
hetq.am - 31/8/2015
The Union of Informed Citizens continues its investigation of foreign
grants received by the Armenian government. Here, we present the sum amount
of the grants received by the government in 2007-2014.
During the last 8 years, the Armenian government received grants equal to
approximately 542 million USD from foreign states and organizations. We
know this from the state budget reports for the last 8 years.
The government received the highest amount of grants in 2011, which is
related to sharp increase in funding through EU projects and the
"Millennium Challenge" program of the United States. That year the European
Union provided grants of unprecedented scale - more than 57 million USD,
only within the framework of "Macro-Financial Assistance" and "General
Budget Support" programs.
Overall, most of the grants received during last 8 years, equal to about
51% of the total amount, came from the European Union, EU countries or
European banks and organizations. More than 32% were provided by the United
States of America. Then comes the "Lincy" Foundation - about 10%, and the
fourth place goes to the World Bank - 4.6%.
Figure 2: RA Government Grants for 2007-2014 by Donors
(in Means)
However, the amount of EU support has sharply increased during the last
several years because, firstly, the "Lincy" Foundation stopped operating in
Armenia from 2011, and "Millennium Challenge" Program - from 2012. The
Government of Japan also does not provide grants to Armenia starting from
2012.
Figure. Grants Received by the RA Government by Donors (Million USD)
As a result, in 2012-2014, 110 out of 120 million USD (around 91%) were
provided by the European Union and European organizations.
RA Government Grants for 2012-2014 by Donors (in Means)
Hence, the government's main donors are the EU and the USA, as they
allocated more than 450 million USD during 8 years. It forms more than 83%
of the total amount of grants received by the government. If we take into
account the fact that World Bank grants are also allocated from the funds
provided by the USA and the EU, we will have an even more accurate picture.
However strange it may sound, there is no mentioning of grants provided by
the Russian Federation in the state budget reports. This fact comes to
testify that the gratuitous aid provided by our "strategic ally" is
insignificant, to say the least.
Hrayr Manukyan Union of Informed Citizens
http://hetq.am/eng/news/62333/government-of-armenia-received-$450-millionin-grants-from-eu-and-usain-2007-2014.html