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On September 12, 2005 the MCC signed a five-year, $295.3 million compact with Georgia designed to focus on rural infrastructure rehabilitation and enterprise development, particularly agribusiness. In November 2008, the MCC and the government of Georgia signed a compact amendment making up to $100 million of additional funds available to complete works originally envisioned by the compact. Georgia's $395.3 million compact is due to be completed on April 7, 2011. In January 2011, the MCC board selected Georgia as eligible to apply for a second compact.
MCA Status
Georgia's compact entered-into-force on April 7, 2006. The compact's projects focus on rehabilitating regional infrastructure and enterprise development to improve the lives of the poor by helping them integrate economically through improved access to jobs and markets, by providing more reliable access to basic services, and by providing capital and technical assistance for enterprise development. The projects include an Investment Fund Activity, the Georgia Regional Development Fund; the Agribusiness Development Activity; the Samtskhe-Javakheti Road Rehabilitation Activity; the Energy Rehabilitation Activity; and the Regional Infrastructure Development Activity.
Country Compact
Georgia MCC compact
Georgia's MCC compact Monitoring and Evaluation
CGD's summary of the proposal
Millennium Georgia Fund (MCA-Georgia) website
Georgia's Poverty Reduction Strategy Paper (PRSP) highlights nine priorities for achieving growth and reducing poverty: improved governance, macroeconomic stability, strengthened institutions, development of human capital, management of social risk, prioritizing key economic sectors, improvement of the natural environment, rehabilitation of post-conflict zones, and development of science-intensive and information technologies.
Georgia's PRSP
Georgia: Poverty Reduction Strategy Paper Progress Report
Georgia's Joint Staff Advisory Note (JSAN) of the PRSP
Country Eligibility
In the FY2011 selection process, Georgia scored above the median on five of six Ruling justly indicators, two of five Investing in People indicators, and five of six Economic Freedom indicators. Georgia is a lower middle income country.
Review Georgia's performance on the FY2011 selection indicators
Review Georgia's performance on the FY2010 selection indicators
Review Georgia's performance on the FY2009 selection indicators
Review Georgia’s performance on the FY2008 selection indicators
Review Georgia’s performance on the FY2007 selection indicators
Review Georgia's performance on the FY2006 selection indicators
Review Georgia's performance on the FY2005 selection indicators
Review Georgia's performance on the FY2004 selection indicators
Learn more about the MCC's country selection process
Country Facts
Data are for 2009 (or most recent year available)
| Per capita income (GNI, current US$) | $2,530 |
| Poverty rate ($2 a day) | 30.4% |
| GDP growth (annual) | -3.9% |
| Population, total | 4,260,333 |
| Rural population (% of total) | 47% |
| Life expectancy | 72 yrs |
| Literacy rate | 100% |
Source: World Development Indicators 2010
Georgia Country Brief from the World Bank
Other U.S. Policies
Review the USAID Georgia country page
Other Donors
The top three donors to Georgia in 2009 were:
|
Donor
|
Gross ODA,
2008-2009 average (USD millions) |
|
United States
|
342
|
|
World Bank IDA
|
146
|
|
EU Institutions
|
141
|
*ODA is official development assistance
Other Resources
Department of State country profile providing background on Georgia’s history and U.S.-Georgia relations