Millennium Challenge Account - Mongolia

Millennium Challenge Account Mongolia or MCA-Mongolia is a state-owned entity established by the decision of the Government of Mongolia on October 3, 2018, pursuant to Government Resolution No 297 in accordance with the Section 3.2 of the Compact to implement the Program under the $350 million USD Mongolia Water Compact signed with the Millennium Challenge Corporation (MCC), a U.S. government foreign aid agency. MCA-Mongolia is governed by the Board of Directors chaired by Minister of Foreign Affairs of Mongolia. The Board has independent decision-making authority and ultimate authority and responsibility for the oversight, direction, and decisions of MCA-Mongolia, and for the overall implementation of the Program in accordance with Compact, the Program Implementation Agreement and all other Supplemental Agreements. The Management Unit, led by the Chief Executive Officer and composed by directors, has principal responsibility for the day-to-day operations and the management of M...