At present, Armenia is not eligible for the Millennium Challenge Corporation grants because, according to the July 1, 2018 report of the World Bank, Armenia has become an “upper-middle” income country.
The corporation representatives told about the aforesaid to the Voice of America Armenian Service.
They added that the Millennium Challenge Corporation can provide assistance solely to countries with “low-income” and “lower-middle” income per capita of the gross national income.
