Home About Us Send Us Docs Tell a Friend Public Info Contact Us  
    Search Information:
Advance Search  
 

Audit of the Millennium Challenge Corporation?s Funding of Activities in Tanzania
/ 2011


Abstract:

In February 2008, the Millennium Challenge Corporation (MCC) signed a 5-year, $698 million compact with Tanzania aimed at reducing poverty and stimulating economic growth through investments in the transportation, energy, and water sectors. The compact included $373 million primarily for road improvements, $206 million to improve the reliability and quality of electric power and extend electricity service to unserved communities, and $66 million to increase the availability of potable water, plus funding for administration of the compact. The compact entered into force in September 2008 and will conclude in September 2013. Execution of the compact takes place through the Millennium Challenge Account-Tanzania (MCA-T), the host government entity charged with implementing the terms of compact. As of June 2010, MCA-T had committed $281 million for the Tanzania compact.


[ FullText  ]  |  [  Home ]

 

For more information about Tanzania Online please email; tzonline@esrf.or.tz


 
 
Home | About Us | ContactUs | Taknet| Send Us Information | Feedback
Copyright © 2001 - 2008 Tanzania Online - funded by JP4 Program and Tanzanian Government and hosted by ESRF