Millennium Challenge Compact definition

Millennium Challenge Compact means the five year agreement entered into by and between the Republic of Zambia and the United States of America, through the MCC, on 10th May, 2012, and signed in Lusaka, Zambia, as set out in the First Schedule;

Examples of Millennium Challenge Compact in a sentence

  • The Millennium Challenge Corporation (“MCC”) and the Government of Nepal (“Government” or “GoN”) have entered into a Millennium Challenge Compact for Millennium Challenge Account assistance to help facilitate poverty reduction through economic growth in Nepal on 14 September 2017 (“The Compact”) in the amount of approximately USD 500 million (“MCC Funding”).

  • The Republic of Ghana and the United States of America acting through the Millennium Challenge Corporation (“ MCC”) have entered into a Millennium Challenge Compact on August 5, 2014 under which MCC will provide funding to the Government of Ghana (the “Government”), in an amount not to exceed Four Hundred and Ninety-Eight Million, Two Hundred Thousand United States Dollars (US$ 498,200,000) (“MCC Funding”) to facilitate poverty reduction through economic growth (the “Compact”).

  • Millennium Challenge Account –Liberia (“MCA-Liberia”) is the entity created by the Government of Liberia (“Government”) to manage and implement the activities contained in the Millennium Challenge Compact (“Compact”) entered into between the Government and the Millennium Challenge Corporation (“MCC”) on behalf of the United States of America.

  • Millennium Challenge Account –Liberia (“MCA-Liberia”) is the entity created by the Government of Liberia (“Government”) to manage and implement the activities contained in the Millennium Challenge Compact entered into between the Government and the Millennium Challenge Corporation (“MCC”) on behalf of the United States of America.

  • The Millennium Challenge Corporation (“MCC”) and the Government of Nepal (the “Government”) have entered into a Millennium Challenge Compact for Millennium Challenge Account assistance to help facilitate poverty reduction through economic growth in Nepal on 14 September 2017 (the “Compact”) in the amount of approximately US$500 million (“MCC Funding”) and approximately USD 130 million from the Government of Nepal for a total of approximately USD 630 million.

  • Section 605 of the Act authorizes the provision of assistance to countries that enter into a Millennium Challenge Compact with the United States to support policies and programs that advance the progress of such countries in achieving lasting economic growth and poverty reduction.

  • The term ‘‘Compact’’ means a Millennium Challenge Compact described in section 7708 of this title.

  • The Millennium Challenge Corporation (“MCC”) and the Government of Nepal (the “Government”) have entered into a Millennium Challenge Compact for Millennium Challenge Account assistance to help facilitate poverty reduction through economic growth in Nepal on 14 September 2017 (the “Compact”) in the amount of approximately US$500 million (“MCC Funding”).

  • MCC’s Board of Directors selected Niger as eligible to develop a Millennium Challenge Compact in December 2012.

  • For the avoidance of doubt, the Statutory Instrument will also exempt MCA-Zambia from the requirement to withhold and remit such tax.238 No. 6 of 2013] Millennium Challenge Compact 1.

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