afrol News, 24 July - The Millennium Challenge Corporation (MCC) has approved Liberia's Threshold Country Programme (TCP), approving the government to take design of the Liberia Threshold Programme to the next stage.

In December 2008, the MCC Board of Directors selected Liberia as eligible for MCC’s Threshold Programme, which provides small grants to help reform minded governments improve their performance on MCC eligibility indicators.

Liberian Planning Minister, Amara Conneh, said statement issued during the visiting MCC delegation to the country that the TCP seeks policy reforms aimed at investing in the people and economic freedom categories.

The statement also said the MCC panel made special reference to girls primary education completion, land access and regents, and the development of Liberia's trade policy, further saying following the country’s eligibility last year for the Millenniums Challenge Account, it prepared and submitted its TCP to the MCC.

Minister Conneh said the objective of the visit by MCC was centered around providing the team the opportunity to learn first hand and to understand the progress government is making on the implementation of the Poverty Reduction Strategy (PRS).

He indicated that the visit of the high power delegation is an acknowledgment by the MCC of the gains Liberia has made in the Ruling Justly Category, especially in the "Controlling Corruption" indicator over the three years.

The threshold programme grants are awarded to countries whose plans demonstrate a meaningful commitment to reform and a high likelihood of successful implementation.

In making its country selection decisions, the MCC Board of Directors considers the policy performance of candidate countries using 17 indicators in three areas, Ruling Justly, Investing in People and Economic Freedom.

By staff writer

© afrol News

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