Time in Yerevan: 11:07,   17 May 2024

USAID will allocate $8.6 million to strengthen Armenia's energy security

USAID will allocate $8.6 million to strengthen Armenia's energy security

YEREVAN, APRIL 5, ARMENPRESS.   The US Agency for International Development is focused on strengthening Armenia's energy security and independence, and stabilizing food security, Erin McKee, the Assistant Administrator for Europe and Eurasia at the United States Agency for International Development said during a press conference.

"Our new $8.6 million program will improve Armenia's access to renewable energy and integration capabilities. Additionally, contingency planning will enable Armenia to systematically respond to supply disruptions while enhancing energy efficiency.

This funding will also bolster Armenia's ability to better address critical cybersecurity vulnerabilities in the country's energy infrastructure," McKee said.

According to her, USAID will also help stabilize Armenia's food security by supporting the efforts of Armenian farmers to increase grain production and storage.

“The upcoming $6 million food security program will increase yields of key crops in response to climate conditions. This will be achieved by modernizing Armenia’s food system, enabling us to increase domestic production and reduce dependence on imports,” McKee said.








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