Press Releases

August 20, 2021

MCC and Mongolia Break Ground on $93 Million Infrastructure Project

The project is part of a phased, five-year compact that will ultimately increase the Ulaanbaatar’s water supply production capacity by 80 percent.

April 5, 2021

MCC Mongolia Water Compact Starts 5-Year Timeline with Entry Into Force

The $350 million partnership between MCC and the Government of Mongolia tackles the impending water crisis in the capital city of Ulaanbaatar.

September 20, 2018

U.S., Mongolia Celebrate Signing of $350 Million MCC Compact to Address Impending Water Crisis

Secretary of State and Chairman of the Board of the Millennium Challenge Corporation (MCC) Michael R. Pompeo and Mongolian Prime Minister Ukhnaa Khurelsukh today signed a Joint Declaration recognizing the new $350 million MCC Water Compact with Mongolia.

June 19, 2018

Readout from MCC Board of Directors June Meeting

At its quarterly meeting, the Millennium Challenge Corporation (MCC) Board of Directors addressed a proposed MCC compact with Mongolia.

December 6, 2017

MCC Regional Deputy Vice President Visits Mongolia, Meets with Senior Government Officials on MCC Compact Development Progress

MCC’s Fatema Sumar visited Mongolia this week to meet with Prime Minister Ukhnaagiin Khurelsukh and other government officials to advance the development of the proposed compact program with Mongolia.

December 14, 2016

Millennium Challenge Corporation Board of Directors Selects Burkina Faso, Sri Lanka, Tunisia for New Compacts

At its quarterly meeting on December 13, 2016, the Millennium Challenge Corporation (MCC) Board of Directors selected Burkina Faso, Sri Lanka and Tunisia for new MCC compacts – five-year grants – to encourage economic growth and reduce poverty.

June 1, 2015

Statement on the Visit of CEO Dana J. Hyde to Mongolia

December 11, 2014

MCC Board of Directors Selects Nepal for Compact, Cote d’Ivoire for Threshold Program

At its quarterly meeting Dec. 10, the Millennium Challenge Corporation Board of Directors voted to make Nepal, Mongolia and the Philippines eligible for new compacts and approved Guatemala's Threshold Program.

June 19, 2013

MCC Board Approves Georgia Compact

September 11, 2012

Statement from MCC CEO Daniel W. Yohannes on the Death of MCA-Mongolia CEO Bayarbaatar Sed-Ochir