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Millennium Challenge Corporation: Difference between revisions
Millennium Challenge Corporation (view source)
Revision as of 00:30, 14 January 2025
, 14 January 2025→Partners
(Created page with "{{Organization |OrganizationName=Millennium Challenge Corporation |OrganizationType=Independent Agency |Mission=To reduce poverty through sustainable economic growth in developing countries by providing time-limited grants that foster good governance, economic freedom, and investments in human capital. MCC promotes policies that support long-term economic development. |OrganizationExecutive=Chief Executive Officer |Employees=320 |Budget=$900 million (2024 Fiscal Year)...") |
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{{Organization | {{Organization | ||
|OrganizationName=Millennium Challenge Corporation | |OrganizationName=Millennium Challenge Corporation | ||
|OrganizationType=Independent Agency | |OrganizationType=Independent Agency | ||
|Mission=To reduce poverty through sustainable economic growth in developing countries by providing time-limited grants that foster good governance, economic freedom, and investments in human capital. MCC promotes policies that support long-term economic development. | |Mission=To reduce poverty through sustainable economic growth in developing countries by providing time-limited grants that foster good governance, economic freedom, and investments in human capital. MCC promotes policies that support long-term economic development. | ||
| | |CreationLegislation=Millennium Challenge Act of 2003 | ||
|Employees=320 | |Employees=320 | ||
|Budget=$900 million (2024 Fiscal Year) | |Budget=$900 million (2024 Fiscal Year) | ||
| | |OrganizationExecutive=Chief Executive Officer | ||
|Services=Economic Assistance; Grant Management; Policy Reform | |Services=Economic Assistance; Grant Management; Policy Reform | ||
|HeadquartersLocation=38.9036, -77.03128 | |||
|HeadquartersLocation=38. | |||
|HeadquartersAddress=1099 14th Street NW, Suite 700, Washington, DC 20005, USA | |HeadquartersAddress=1099 14th Street NW, Suite 700, Washington, DC 20005, USA | ||
|Website=https://www.mcc.gov/ | |||
}} | }} | ||
'''Millennium Challenge Corporation (MCC)''' is an innovative U.S. foreign aid agency that focuses on promoting economic growth in partner countries through the provision of large-scale grants contingent on good governance and economic reforms. | '''Millennium Challenge Corporation (MCC)''' is an innovative U.S. foreign aid agency that focuses on promoting economic growth in partner countries through the provision of large-scale grants contingent on good governance and economic reforms. | ||
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MCC collaborates with: | MCC collaborates with: | ||
* [ | * [[U.S. Agency for International Development]] (USAID) | ||
* Host country governments | * Host country governments | ||
* International organizations and local NGOs. | * International organizations and local NGOs. | ||
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* Compact Development - Long-term partnerships with selected countries | * Compact Development - Long-term partnerships with selected countries | ||
* Threshold Program - Pre-compact assistance for policy reform | * [[Threshold Program]] - Pre-compact assistance for policy reform | ||
* MCC Scorecard - Evaluates countries based on performance indicators - https://www.mcc.gov/who-we-select/scorecard | * [[MCC Scorecard]] - Evaluates countries based on performance indicators - https://www.mcc.gov/who-we-select/scorecard | ||
==Last total enacted budget== | ==Last total enacted budget== | ||