The Millennium Challenge Corporation is devoting significant resources to help countries worldwide positively transform the lives of their poor and catalyze long-lasting economic progress.

MCC investments are having a broad impact by:

• Promoting trade and private enterprise investment.
• Deepening democracy by requiring countries to demonstrate performace in policy areas including political rights, civil liberties, and voice and accountability.
• Promoting a productive discussion between civil society, the private sector, NGOs and government entities in the overall design and monitoring of MCC projects.
  

Fast Facts

1. MCC is currently working with 41 countries. Of these, 13 are in Europe, Eurasia and the Pacific.
2. Of the 16 Compacts signed to date with MCC, 4 are with European, Asian or Pacific countries: Armenia, Georgia, Mongolia and Vanuatu.
   These total over $880 million.
3. Of the 17 Threshold agreements MCC has signed, 7 are with European,
   Asian or Pacific countries: Albania, Indonesia, Jordan, Kyrgyz Republic, Moldova, Philippines and Ukraine. These total approximately
   $200 million.

Armenia

The five-year $235 million MCC Compact with Armenia is focused on increasing economic performance in the agricultural sector. The Compact consists of a five-year program of strategic investments in rural roads and irrigated agriculture. Specifically the investments will upgrade hundreds of kilometers of road, providing communities and rural residents with reduced transport costs and better access to jobs, markets and social services; and increase the productivity of 250,000 farmer households through improved water supply, higher yields, higher-value crops and a more competitive agricultural sector.

Georgia

The five-year $295 million MCC Compact with Georgia will help reduce poverty by renovating key regional infrastructure and improving the development of regional enterprises. The Compact’s infrastructure projects will improve rural transportation, providing agricultural suppliers the opportunity to connect more easily with consumers and increase regional trade. Furthermore, by providing funding and technical assistance to targeted regional enterprises, the Compact will enhance productivity in farms, agribusinesses and other enterprises that will increase jobs and rural income.

Mongolia

The five-year, $285 million MCC Compact with Mongolia will increase economic activity through substantial improvement in the efficiency and capacity of the rail network. The Compact will also improve the ability of Mongolians to register and obtain clear title to their land, expand vocational education in core technical skills and focus on the health and well-being of the labor force by reducing non-communicable diseases and injuries.

Vanuatu

The five-year $65 million MCC Compact with Vanuatu addresses the country’s poor transportation infrastructure. Consisting of various infrastructure projects, including roads, wharfs, an airstrip and warehouses, the program seeks to benefit poor, rural agricultural producers and providers of tourist related goods and services by reducing transportation costs and improving the reliability of access to transportation services.

Albania

The $14 million program focuses on reducing corruption in Albania by reforming tax administration, public procurement and business administration. The program anticipates reducing the corruption and bureaucracy associated with starting a business while increasing the national tax base.

Indonesia

The $55 million program seeks to immunize at least 80 percent of children under the age of one in Indonesia for diphtheria, tetanus and pertussis and 90 percent of all children for measles. The program also has a component aimed at curbing public corruption by reforming the judiciary.

Jordan

The $25 million program supports Jordan’s efforts to broaden public participation—including by women and others—in the political and electoral processes, increases government transparency and accountability, and enhances the efficiency and effectiveness of customs administration.

Kyrgyz Republic

The $16 million Kygryz Republic program focuses on judicial independence and efficacy, development of a more functional and trusted police force, improvement of the financial disclosure system and of prosecutorial capacity, and public and media education related to corruption.

Moldova

The $25 million Moldovan Threshold Program seeks to reduce corruption in the public sector through reforms to the judicial, health, tax, and customs systems. The reforms will complement Moldova’s national strategy aimed at reducing corruption.

Philippines

The $22 million program aims at improving revenue administration and anti-corruption efforts in the Philippines. The program will reduce corruption by strengthening the Office of the Ombudsman and strengthen enforcement within three departments in the Department of Finance.

Ukraine

The $48 million program focuses on reducing corruption in Ukraine by strengthening civil society’s ability to monitor and expose it. The program also enables the government to increase the monitoring and enforcement of ethical and administrative standards.