Millennium Challenge Corporation

Reducing Poverty Through Growth

Fact Sheet

www.mcc.gov

Millennium Challenge Corporatione 

April 7, 2008

A Partnership for Success:

Millennium Challenge Corporation 

and Europe, Asia and the Pacific

Summaries of MCC Compacts in Europe, Eurasia and the Pacific

Armenia

Compact Goal: 

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 943 km 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.

Expected Results: 

The Compact will directly impact approximately 750,000 people, or 

75% of the rural population, and is expected to reduce the rural poverty rate and boost annual incomes.

Georgia

Compact Goal: 

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 enterFast Facts on MCC’s Involvement 

with Europe, Eurasia and the Pacific

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. 
Millennium Challenge Corporation

prises, the Compact will enhance productivity in farms, agribusinesses and other enterprises that will increase jobs 

and rural income.

Expected Results:

The Compact will benefit approximately a half-million Georgians, and over one-quarter of the population of the country will receive indirect benefits from the program. 

Mongolia

 Compact Goal: 

 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.

Expected Results: 

The Compact will have significant impacts on individuals living in poverty, and significant ancillary benefits by creating new economic opportunities and increasing the capacity of individuals and groups to participate fully in, and 

benefit from, the country’s economic growth.

Vanuatu

Compact Goal: 

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.

Expected Results: 

The Compact is expected to have a transformative impact on Vanuatu's economic development by increasing average 

income per capita by 15% within 5 years and directly impacting the lives of more than 65,000 poor, rural inhabitants—

almost a third of the entire population. 

Millennium Challenge Threshold Program Agreements in Europe, 

Asia and the Pacific

Albania

The $13.8 million Albania Threshold Program’s primary focus is reducing corruption. Albania is receiving 

assistance from MCC to fund three programs aimed at reforming tax administration, public procurement 

and business administration. The program anticipates reducing the bribes and bureaucracy needed to start a 

business while increasing the national tax base. 
Millennium Challenge Corporation

Indonesia

The $55 million Threshold Program with Indonesia seeks to immunize at least 80 percent of children under 

the age of one for diphtheria, tetanus and pertussis and 90 percent of ll children for measles. The Threshold 

Program also has a component aimed at curbing public corruption by reforming the judiciary. 

Jordan

The $25 million Jordanian Threshold Program aims to strengthen democratic institutions by supporting 

Jordan’s efforts to broaden public participation in the political and electoral process, increasing government 

transparency and accountability, and enhancing the efficiency and effectiveness of customs administration.

Kyrgyz Republic

 The $16 million Kyrgyz Republic Threshold Program seeks to increase the independence and effectiveness of 

 the judicial system, develop a more functional and trusted police force, improve the government’s capacity 

 to investigate and prosecute corruption cases, educate the public and media on the dangers of corruption 

and strengthen the financial disclosure system.

Moldova

The $24.7 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 $22.1 million Philippines Threshold Program aims at improving revenue administration and anti-corruption efforts in the Philippines. Specifically, 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 $48.1 million Ukraine Threshold Program that focuses on reducing corruption by strengthening their 

civil society’s ability to monitor and expose corruption. The program will also enable the Ukrainian government to increase the monitoring and enforcement of ethical and administrative standards.