- The Millennium Challenge Corporation (MCC) Resident Country Directors from Africa, Eurasia, and Central America have highlighted progress on poverty reduction programmes supported by the US government.
This was said during a forum hosted by the MCC, which was a review of progress to date on MCC compact programmes and best practices in poverty reduction through economic growth. The group focused on MCC’s pace of compact implementation, with a total of almost $1 billion disbursed for projects to date, and another $2 billion in contract commitments.
“MCC knows that smart US assistance depends on expertise in the field. That’s why MCC brings together resident country staff from its 19 partner countries, to share best practices and ideas,” said MCC Acting Chief Executive Officer Darius Mans. “With the majority of countries in full programme implementation, it is critical to ensure that MCC leadership in the field is properly equipped with the skills, resources, and knowledge to further promote growth, open markets, and raise the standard of living for the world’s poorest people,” he added.
MCC resident country directors and deputy resident country directors from Armenia, Benin, Burkina Faso, Cape Verde, El Salvador, Georgia, Ghana, Honduras, Lesotho, Madagascar, Mali, Mongolia, Morocco, Mozambique, Namibia, Nicaragua, Senegal, Tanzania, and Vanuatu were in attendance.
The resident country staff discussed best practices in development including policy improvement strategies, measuring results and programme impact, anti-fraud and corruption activities, capacity building, donor coordination, and procuring international contracts.
To date, MCC has signed 19 development assistance grants, totaling nearly $7 billion. Successful implementation depends on local counterparts. In each MCC partner country, a resident country director and deputy resident country director are assigned to oversee the local Millennium Challenge Account team implement its five-year poverty reduction compact. The in-country MCC staff help ensure that US taxpayers dollars are spent judiciuosly and that measureable results are being met throughout the compact term.
afrol News - It is called "financial inclusion", and it is a key government policy in Rwanda. The goal is that, by 2020, 90 percent of the population is to have and actively use bank accounts. And in only four years, financial inclusion has doubled in Rwanda.
afrol News - The UN's humanitarian agencies now warn about a devastating famine in Sudan and especially in South Sudan, where the situation is said to be "imploding". Relief officials are appealing to donors to urgently fund life-saving activities in the two countries.
afrol News - Fear is spreading all over West Africa after the health ministry in Guinea confirmed the first Ebola outbreak in this part of Africa. According to official numbers, at least 86 are infected and 59 are dead as a result of this very contagious disease.
afrol News - It is already a crime being homosexual in Ethiopia, but parliament is now making sure the anti-gay laws will be applied in practical life. No pardoning of gays will be allowed in future, but activist fear this only is a signal of further repression being prepared.
afrol News / Africa Renewal - Ethiopia's ambitious plan to build a US$ 4.2 billion dam in the Benishangul-Gumuz region, 40 km from its border with Sudan, is expected to provide 6,000 megawatts of electricity, enough for its population plus some excess it can sell to neighbouring countries.
front page
| news
| countries
| archive
| currencies
| news alerts login
| about afrol News
| contact
| advertise
| español