Compact Projects
Within each Compact are projects chosen by the country through a rigorous, open process which are targeted at reducing poverty and stimulating economic growth.
Human Development Project
- Provides both formal and non-formal technical vocational education;
- Provides improved access to potable water systems and sanitation services;
- Increases electricity coverage in the Northern zone; and
- Constructs and improves community infrastructure.
Productive Development Project
- Provides technical assistance to farmers and business development services;
- Supports capital investment to selected applicants for commercial activities;
- Provides credit guarantees and technical assistance to financial institutions; and
- Provides crop insurance to small producers in the Northern Zone.
Connectivity Project
- Designs, constructs, and rehabilitates secondary roads on the Northern Transnational Highway; and
- Paves and improves roads on the Connecting Road Network to integrate the Northern Zone with national and regional highway systems.
Monitoring and Evaluation
Collects quantitative and qualitative data to evaluate the impact of compact projects.
Program Administration and Oversight
Costs include implementing unit’s administrative expenses for procurement, fiscal agents, and audit functions. Fondo del Milenio (FOMILENIO), expenses for procurement, fiscal agents, and audit functions.