Georgia’s $140 million Millennium Challenge Corporation compact is designed to reduce poverty through economic growth by addressing one of Georgia’s most binding constraints to economic growth, the quality of human capital, through investments in science and technology education and workforce development. The compact seeks to improve the quality of education in the science, technology, engineering, and math (STEM) fields, and increase the earning potential of Georgians through strategic investments from the start of a student’s general education to graduation from technical training and advanced degree programs, including a focus on increasing women’s participation in STEM professions. The compact builds on the success of Georgia’s first compact, completed in April 2011.
The compact will be managed and implemented by MCA-Georgia, a government entity governed by an independent board of directors consisting of representatives of government ministries, the private sector, and civil society.
Parliament Library, Central Hall
7, Lado Gudiashvili St Tbilisi, Georgia
Bidzina Ivanishvili, Prime Minister of Georgia
Ambassador Richard Norland, U.S. Ambassador to Georgia
Maia Panjikidze, Minister of Foreign Affairs, Georgia