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Millennium Challenge Corporation
Reducing Poverty Through Growth
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| Threshold Program and Guidelines Announced |
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MCC has announced the selection of the first seven countries eligible to submit proposals for Threshold Program assistance. The countries are Albania, East Timor, Kenya, Sao Tome and Principe, Tanzania, Uganda, and Yemen. These countries came close to, but did not qualify for, Millennium Challenge Account (MCA) eligibility and have demonstrated a commitment to meeting MCA’s selection criteria. Read more...
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In The News...  |
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| Part of Vanuatu from the air. |
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| What Is the Millennium Challenge Corporation? |
| In January 2004, Congress passed a "new compact for global development" called for by President Bush which links greater contributions from developed nations to greater responsibility from developing nations. The President proposed a concrete mechanism to implement this compact -- the Millennium Challenge Account (MCA) - in which development assistance would be provided to those countries that rule justly, invest in their people, and encourage economic freedom. Read more... |
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| Compact Proposal Guidelines |
In order to assist eligible countries in submitting Compact proposals, “Guidance for Developing Proposals for MCA Assistance in FY 2004” and "Country Questions and Answers" regarding these Guidelines have been developed and translated into Armenian, English, French, Georgian, Mongolian,
Portuguese, and Spanish.
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