Millennium Development Authority Act, 2006 (No. 702).

This Act provides for the establishment of the Millennium Development Authority as a corporate body. The objectives of the Authority are: (a) to oversee and manage the implementation of the Ghana Programme under the Millennium Challenge Account of the United States Government for sustainable reduction of poverty through growth as contained in the Compact (i.e. the five year Agreement between the Government of Ghana and the Millennium Challenge Corporation); (b) to secure the proper and effective utilisation of the Millennium Development Fund granted to Ghana under the Compact; and (c) to oversee and manage other national development programmes of similar nature funded by the Government of Ghana, Development Partners or by both. The Authority may on the expiry of the Millennium Development Challenge Corporation Programme undertake programmes of similar nature determined by the President.