Millennium Challenge Accoun

Following the Millennium Challenge Corporation awarded Mongolia a $285 million aid program, the Presidents of the two countries signed an MCC Compact Agreement on October 22, 2007. The Mongolia Compact directed  strategic investments to increase economic activity through secure and registered land titles in urban areas, sustainable utilization and management of rangelands in peri-urban areas, and improved vocational and technical training.

The Compact also made investments to help the Mongolian people become healthier and more productive as they enter the marketplace, to improve urban air quality by increasing the adoption of energy efficient products and homes in the “Ger” districts of  Ulaanbaatar and support the development of renewable energy, and to improve the road in the critical north-south economic corridor that stretches from Russia to China through Mongolia.

The Mongolia Compact has been successfully completed on September 17, 2013.

For more information about MCA in Mongolia, please click here.

 

USAID Assistance

Total USAID assistance provided from 1991 through 2010 has exceeded $200 million, all of it in grant form. The program is managed by a nine-person USAID Mission based at the American Embassy in Ulaanbaatar, Mongolia.

The U.S. Agency for International Development (USAID) plays a lead role in providing bilateral American assistance to Mongolia. The program emphasizes two main themes: Increased Opportunities for Inclusive Growth; and More Effective and Accountable Governance.

Every USAID-funded project in Mongolia is organized around at least one of these two mutually re-enforcing goals.

  1. Development Objective One, “Increased Opportunities for Inclusive Growth,”
  2. Development Objective Two, “More effective and accountable governance,”

For more information about USAID, please click here.




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