Mongolia Water Compact enters into force
On March 31, the Government of Mongolia and the U.S. Millennium Challenge Corporation (MCC) announced the entry-into-force of the $350 million Mongolia Water Compact designed to sustain economic growth and reduce poverty through the expansion of bulk water supply in Ulaanbaatar, the capital city of Mongolia, and enhancing the long-term financial, institutional, and environmental sustainability of the water sector.
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