(Warning: This article contains Extreme irony, I never knew * was so concerned with ending poverty.)
By Celia W. Dugger The New York Times
WEDNESDAY, DECEMBER 21, 2005
President George W. Bush's foreign aid program aimed at reducing poverty in well-governed developing countries has announced its second-largest grant,
giving $236 million to Armenia over five years. But officials warned the country's rulers that the assistance would be suspended or canceled if its record on political rights continued to deteriorate. The Millennium Challenge Corporation, the agency administering the program, delayed its approval of the plan to invest in rural roads and irrigation projects in Armenia after allegations of fraud and electoral mismanagement arose in a constitutional referendum on Nov. 27. Even as the agency announced Monday that it was moving forward, it released a stern letter to the Armenian president, Robert Kocharian, calling for corrective steps to improve the fairness of the political process. Stephen Groff, a managing director at the agency, said it was awaiting a reply....
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...The Millennium Challenge Corporation relies on Freedom House, a nonprofit group that promotes democracy, to rate countries' respect for civil liberties and political rights. Christopher Walker, the group's expert on the former Soviet Union, said political rights in Armenia deteriorated in 2004 and had not improved this year. He also said corruption was pervasive. (clip)
Bush advocated the creation of the corporation, now almost two years old, to aid poor countries that
rule justly, invest in their people and have sensible economic policies. His theory, shared by many development experts, was that well-governed countries would not waste aid,
but would use it to spark economic growth and reduce poverty.<
http://www.iht.com/articles/2005/12/20/news/armen.php>
(more at link above)