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Diplomacy in Action

Congratulating Georgia, Moldova, and Ukraine on the Signing of Agreements with the European Union Press Statement John Kerry, Secretary of State June 27, 2014

Press Statement
John Kerry, Secretary of State
June 27, 2014


U.S. Assistance to Moldova

Fact Sheet
Office of the Spokesperson, Washington, DC
March 3, 2014

Millenium Challenge Process

The Millennium Challenge Corporation (MCC) is an innovative and independent U.S. foreign aid agency that is helping lead the fight against global poverty.

Created by the U.S. Congress in January 2004 with strong bipartisan support, MCC is changing the conversation on how best to deliver smart U.S. foreign assistance by focusing on good policies, country ownership, and results.

MCC forms partnerships with some of the world's poorest countries, but only those committed to good governance, economic freedom, and investments in their citizens.

MCC provides these well-performing countries with large-scale grants to fund country-led solutions for reducing poverty through sustainable economic growth.
MCC grants complement other U.S. and international development programs. There are two primary types of MCC grants: compacts and threshold programs.

  • Compacts are large, five-year grants for countries that pass MCC's eligibility criteria.
  • Threshold programs are smaller grants awarded to countries that come close to passing these criteria and are firmly committed to improving their policy performance.
Moldova was named eligible for MCC Threshold Program assistance on November 8, 2005 and was designated eligible for MCC Compact Program assistance on November 8, 2006.
Millennium Challenge Account: Republic of Moldova.
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