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armenpress: 5 ARMENIAN NGO TO RECEIVE $40,000 IN GRANTS FROM WORLD BANK AND SOROS FOUNDATION

YEREVAN, MAY 12, ARMENPRESS: Five Armenian non-governmental organizations will receive a total of $40,000 in grants from the World Bank and the Open Society Institute (Soros Foundation) in 2004 as part of World Bank’s Small Grants Program. The relevant agreements were signed today. The program was started six years ago and two years ago the Soros Foundation joined it.

Naira Melkumian, a senior official of the World Bank Yerevan office, said the main goal of the program is to help resolve the most pressing problems of the vulnerable segment of the population “or at least to outline ways for their resolution.”

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