MCA Goes into Force with USD 3.1 mln Initial Disbursement

The U.S. Millennium Challenge Corporation disbursed USD 3.1 mln to the Millennium Challenge Georgia Fund (MCG) in frames of the U.S.-funded USD 295.3 million, five-year aid program Millennium Challenge Account (MCA), MCG reported on May 1.

The funds disbursed are intended to fund MCG’s operations through June 30 and the funds will mainly be used for regional infrastructure projects, management of road rehabilitation activities in Samtskhe-Javakheti, establishment of an agricultural grant facility and for certain emergency repairs to Georgia’s trunk gas pipeline.