YEREVAN_ The U.S. government has doubled its funding ceiling for Armenia to promote the development of democracy and the economy in the country!
The United States and the Republic of Armenia marked an important step in their partnership by amending their joint Development Objectives Grant Agreement (DOAG) to increase USAID’s estimated contribution from $120 million to $250 million, and expand their areas of cooperation and assistance.
The expanded agreement will include key areas such as disaster readiness, cyber security, food and energy security, regional cooperation and trade, democratic transitions, and inclusive economic development. This reflects our strong commitment to helping Armenia become a more inclusive, democratic, and economically resilient country.
USAID/Armenia Mission Director John Allelo said, “This amendment shows how committed we are to our partnership with Armenia. By increasing our support and expanding our programs, we are helping Armenia grow and succeed. Our work with the Armenian government and its ministries is crucial for achieving our shared goals.”
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Today’s signing builds on a long history of cooperation. Since 1992, the U.S. has provided about $3 billion to support Armenia’s development. This new agreement builds on the success of previous DOAGs, which focused on creating a competitive private sector, improving governance, and enhancing health services.
USAID has adapted its support to meet Armenia’s changing needs, including recent challenges and geopolitical shifts.
Deputy Prime Minister Mher Grigoryan said, “For Armenia, it’s crucial not only to receive financial support but also to promote democratic values, innovative ideas, and a robust business culture through our joint programs. Integrating these elements into the country will help drive fundamental reforms and improve the quality of life for our citizens.”
USAID is excited to continue working with Armenia to tackle important issues and explore new opportunities for growth.