Millennium Challenge Corporation Signs Compact with Madagascar

Tuesday, April 19, 2005

Today, the United States , through the Millennium Challenge Corporation, signed a four-year Compact with the Government of the Republic of Madagascar worth close to $110 million. This first Millennium Challenge Compact will reduce poverty and stimulate economic growth in Madagascar by focusing in three areas: property rights, the financial sector, and agricultural business investment.
Press release found here.

Source: Millennium Challenge Corporation