MiDA meaning in Business ?

Answer:

What is Millennium Development Authority mean?

The Millennium Development Authority (MiDA) is a Government of Ghana organization established by an Act of Parliament (Act 702, 709 & 897) as amended. The Authority has the prime aim to oversee, manage and implement the programmes under the Compact Agreement signed with the Millennium Challenge Corporation of the United States of America.

The Authority, in 2012, successfully completed implementing the first Compact agreement between Ghana and the Millennium Challenge Corporation. The first Compact, a 547 million dollar grant, was used to implement agriculture, roads and educational projects which collectively would contribute to reducing poverty in Ghana and boost economic growth. The current Compact, is to last for five years (2016-2021) and is a 498.2 million dollar grant. The funds are being used to implement 6 major projects that have been designed to collectively transform Ghana’s power sector and stimulate private sector investments into the sector .

reference

Full Form	Category
Millennium Development Authority	Business
Malaysian Investment Development Authority	Business
Maine Interior Design Association	Community
Maine Interior Designers Association	Community
Maritime Industrial Development Area	Community
Malaysian Industrial Development Authority	Community
Message Interchange for Distributed Application	Computing
Multiphase Integrated Digestion in Anaerobiosis	General
Multiple Image Defect Analysis	General
Multi Institutional Disposition Authorities	Governmental
Multi Institution Disposition Authorizations	Governmental
Mexican Initiative for Deferred Acton	International
Mexican Initiative for Deferred Action	International
Marine Irish Digital Atlas	Regional