2017 Millennium Challenge Compact Report

The Millennium Challenge Fund - Georgia held a presentation of its activities, achievements, and results implemented in 2017.

The event was opened by the Chairperson of the Parliament of Georgia Irakli Kobakhidze, Minister of Education and Science Mikheil Chkhenkeli, Chargé d'Affaires of the U.S. Embassy Elizabeth Rood, CEO of the Millennium Challenge Fund Magda Magradze, and Resident Country Director of the Millennium Challenge Corporation in Georgia Jenner Edelman.

The $140 million Second Compact is being implemented in Georgia by the Millennium Challenge Fund since 2014. The Compact is an international grant agreement signed between the U.S. Government (represented by the U.S. Millennium Challenge Corporation) and the Government of Georgia on July 26, 2013, which entered into force on July 1, 2014.

The Millennium Challenge Compact is the largest grant implemented in Georgia's education sector. It provides for the implementation of projects in the general, vocational, and higher education sectors until 2019. The aim of the Compact is to contribute to the development of human capital in Georgia in priority fields for the country, such as Science, Technology, Engineering, and Mathematics (STEM), agriculture, and tourism.