Millennium Challenge Compacts

E879717

Millennium Challenge Compacts are multi-year, grant-based agreements through which the U.S. Millennium Challenge Corporation partners with eligible countries to fund large-scale projects aimed at reducing poverty and promoting sustainable economic growth.

All labels observed (3)

How this entity was disambiguated

Statements (47)

Predicate Object
instanceOf development assistance instrument ⓘ
foreign aid agreement ⓘ
accountabilityMechanism independent evaluations ⓘ
public reporting of results ⓘ
administeredBy Millennium Challenge Corporation ⓘ
approach country ownership ⓘ
evidence-based decision making ⓘ
performance-based aid ⓘ
associatedWith Millennium Challenge Account ⓘ
beneficiary low-income countries ⓘ
lower-middle-income countries ⓘ
componentOf U.S. foreign assistance architecture ⓘ
countryOfOrigin United States ⓘ
distinctFrom Millennium Challenge Threshold Programs ⓘ
traditional USAID project assistance ⓘ
durationType multi-year agreement ⓘ
eligibilityCriteria economic freedom ⓘ
good governance ⓘ
investment in people ⓘ
policy performance ⓘ
evaluationMethod cost-benefit analysis ⓘ
feature ex-ante economic analysis of projects ⓘ
fixed implementation period ⓘ
focus on constraints to economic growth ⓘ
large-scale project funding ⓘ
fundingSource U.S. federal budget ⓘ
fundingType grant ⓘ
governedBy Millennium Challenge Corporation Act of 2003 ⓘ
implementationModel country-led ⓘ
results-based ⓘ
legalForm bilateral agreement ⓘ
partnerType eligible countries ⓘ
purpose promote sustainable economic growth ⓘ
reduce poverty ⓘ
requires country-owned compact development process ⓘ
measurable performance indicators ⓘ
monitoring and evaluation framework ⓘ
riskManagement suspension or termination for non-performance ⓘ
sectorFocus agriculture ⓘ
education ⓘ
energy ⓘ
health-related projects ⓘ
infrastructure ⓘ
land tenure and property rights ⓘ
transportation ⓘ
water and sanitation ⓘ
timeHorizon typically five years ⓘ

How these facts were elicited

Referenced by (4)

Full triples — surface form annotated when it differs from this entity's canonical label.

Millennium Challenge Corporation → subsidiaryProgram → Millennium Challenge Compacts ⓘ
subject linked to: MCC
United States foreign assistance architecture → includesProgram → Millennium Challenge Compacts ⓘ
United States foreign assistance architecture → includesProgram → Millennium Challenge Threshold Programs ⓘ
linked to: Millennium Challenge Compacts
Threshold Programs → relatedTo → Millennium Challenge Corporation compacts ⓘ
linked to: Millennium Challenge Compacts