On October 22, 2007, the MCC signed a five-year, $285 million compact with Mongolia. The compact originally included a project to improve the efficiency and capacity of the rail system, a property rights project, a vocational education project, and a health project to address Mongolia's rising rate of non-communicable diseases and injuries. At the request of the government of Mongolia, the rail project of the compact was canceled, and those funds were formally reallocated, through an amendment to the compact in January 2010, to the expansion of existing projects, as well as the addition of two new projects. MCA StatusMongolia's compact entered-into-force on September 17, 2008. The strategic investments of the Mongolia compact will increase economic activity through the more effective registration of property land titles in major urban areas and providing for sustainable management and utilization of rangelands in selected peri-urban areas; the improvement of vocational training to help Mongolians qualify for more demanding and financially rewarding market-oriented jobs; ensuring that they become healthier and more productive as they enter the marketplace; increasing the adoption of energy efficient products and homes in the ger districts, and supporting the development of renewable energy; and, improving the road in the critical north-south economic corridor. Country CompactMongolia's MCC compact By comparison, Mongolia's Economic Growth Support and Poverty Reduction Strategy (EGSPRS) calls for promoting economic growth and strengthening education, health, and other social services. Public sector reform and improved fiscal management are also a priority. Mongolia's EGSPRS Country EligibilityIn the FY2011 selection process, Mongolia scored above the median on five of six Ruling Justly indicators (Mongolia scored at the median on control of corruption), four of five Investing in People indicators, and five of six Economic Freedom indicators. Mongolia is a low income country (LIC). Review Mongolia's performance on the FY2011 selection indicators Review Mongolia's performance on the FY2010 selection indicators Review Mongolia's performance on the FY2009 selection indicators Review Mongolia’s performance on the FY2008 selection indicators Review Mongolia’s performance on the FY2007 selection indicators Review Mongolia's performance on the FY2006 selection indicators Review Mongolia's performance on the FY2005 selection indicators Review Mongolia's performance on the FY2004 selection indicators Learn more about the MCC's country selection process Country FactsData are for 2009 (or most recent year available)
Source: World Development Indicators 2010 Mongolia Country Brief from the World Bank Other U.S. PoliciesReview USAID Mongolia's Mission website Other DonorsThe top three donors to Mongolia in 2009 were:
Source: OECD/DAC Database Other ResourcesDepartment of State country profile providing background on Mongolia’s history and U.S.-Mongolia relations. |
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