The amount of financial aid the United States provides to Mongolia can vary from year to year based on the U.S. government's budget allocations, policy priorities, and specific programs. However, here are some general figures to give you an idea:
Bilateral Economic Assistance: In recent years, the U.S. has provided several million dollars annually to Mongolia through various agencies like the U.S. Agency for International Development (USAID). For example, in fiscal year 2021, USAID allocated around $12 million to Mongolia, focusing on economic growth, democratic governance, and social sector reform.
Millennium Challenge Corporation (MCC): Mongolia has been a significant recipient of funding from the MCC, a U.S. government agency that provides large-scale grants for development projects. In 2008, Mongolia received an initial MCC compact worth $285 million, focused on infrastructure, health, and education. A second compact, signed in 2018, allocated $350 million to improve water supply infrastructure in Ulaanbaatar.
Security Assistance: The U.S. also provides security assistance to Mongolia, including military training and equipment. This typically amounts to several million dollars annually, depending on specific programs and needs.
