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The United States of America, acting through the Millennium Challenge Corporation (“MCC”) and the Government of the Republic of the Gambia, acting through the Ministry of Finance and Economic Affairs, have entered into a Compact Development Fund (CDF) Agreement dated October 7, 2023, in the amount of approximately 12,000,000 USD (twelve million U.S dollars), to assist the Government in developing a Compact. The purpose of the Compact is to facilitate poverty reduction through economic growth in the Gambia.
The Government has designated the Compact Development Team (CDT)-Gambia to implement the Government’s responsibilities under the Agreement and intends to apply part of the funds to payments for contracts for Goods, Works and Services.
