Millennium Challenge Compacts
A Compact is a multi-year agreement between the Millennium Challenge Corporation and an eligible country to fund specific programs targeted at reducing poverty and stimulating economic growth.
These programs must be:
- Developed in consultation with a country's citizens — including women, non-governmental organizations, and the private sector;
- Able to measure both economic growth and poverty reduction;
- Implemented, managed and maintained by the country.
A country then drafts a Compact Proposal outlining the specifics of the programs to reduce poverty and stimulate economic growth. MCC works with the country to ensure the proposed programs are reasonable, measurable, and attainable.
Selection Methodology
Visit Selection Criteria for information about how countries are selected.