More MCC Funds for Georgia

The Millennium Challenge Corp. will increase its existing USD295 million compact funding for Georgia by USD100 million, MCC Chief Executive John Danilovich revealed. The additional funding will be used to upgrade roads linking Georgia with Armenia and Turkey, improve water supply and waste water management outside Tbilisi, and fund priority energy sector researches. (“Additional MCC Poverty Reduction Funding for Georgia Approved” - Millennium Challenge Corp., Nov. 11, 2008)

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