The Republic of Ghana and the United States of America acting through the Millennium Challenge Corporation ("MCC") have entered into a Millennium Challenge Compact on August 5, 2014 under which MCC will provide funding to the Government of Ghana (the “Government''), in an amount not to exceed Four Hundred and Ninety-Eight Million, Two Hundred Thousand United States Dollars (US$ 498,200,000) (“MCC Funding") to facilitate poverty reduction through economic growth (the “Compact"). Pursuant to the terms of the Compact, the Government committed to provide funding as a Government contribution to support the implementation of the Compact in an amount equal to no less than seven and one-half percent (7.5%) of the amount of funding provided by MCC in the Compact (the "Government Contribution”). The Government, acting through the Millennium Development Authority (“MiDA"), intends to apply parts of the proceeds of the funds to payments for Contracts for Goods, Works, and Services.