The Millennium Challenge Corporation (MCC) awarded $321.94 million under its Foreign Assistance for Overseas Programs (CFDA 85.002) to support development assistance activities in Mongolia. The March 31, 2021 Project Grant aims to promote economic growth and reduce poverty through strengthening governance, economic freedom, and investments in people according to the MCC's statutory mandate. The awardee, a Miscellaneous Foreign Entity, will deliver programs and services to achieve these objectives in Mongolia with the total funding provided over the life of the award period.
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