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Millennium Challenge Corporation information


Millennium Challenge Corporation
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Agency overview
FormedJanuary 2004
HeadquartersWashington, D.C., U.S.
Employees~300 (2011)
Annual budget$930 million (FY 2023)[1]
Agency executive
  • Alice P. Albright[2], Chief Executive Officer
Websitewww.mcc.gov
Partner countries as of May 2011. Countries in green have active compacts; countries in orange have active threshold compacts.

The Millennium Challenge Corporation (MCC) is a bilateral United States foreign aid agency established by the U.S. Congress in 2004. It is an independent agency separate from the State Department and USAID. It provides grants to countries that have been determined to have good economic policies and potential for economic growth. The country qualification process is objective, involving scores provided by third parties in 20 different areas. An eligible country must apply for a grant with a specific project in mind.

According to the OECD, the United States’ total official development assistance (ODA) (USD 55.3 billion, preliminary data) increased in 2022, mainly due to support to Ukraine, as well as increased costs for in-donor refugees from Afghanistan. ODA represented 0.22% of gross national income (GNI). [3]

  1. ^ "FY 2024 Congressional Budget Justification - Department of State, Foreign Operations, and Related Programs" (PDF). U.S. Department of State. Archived from the original (PDF) on January 3, 2024. Retrieved January 3, 2024.
  2. ^ "Page: Leadership".
  3. ^ "OECD Development Co-operation Profiles". Retrieved 4 October 2023.

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Millennium Challenge Corporation

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Cassandra Butts

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Mike Johanns

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Atifete Jahjaga

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make Kosovo an eligible country for the U.S. Government's Millennium Challenge Corporation (MCC) development funds. In February 2015, she created a working...

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Sean Cairncross

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Sherri Kraham

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national efforts to qualify Kosovo for the US Government's Millennium Challenge Corporation (MCC) development funds. In January 2015, he was appointed...

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between 2007 and 2012 in a US$181 million project funded by the Millennium Challenge Corporation, a United States foreign aid agency. Bamako–Sénou International...

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Benin

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MCC's Board Selects Belize, Zambia for Grant Assistance". Millennium Challenge Corporation. Archived from the original on 15 December 2021. Retrieved...

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John Hewko

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and corporations. Between 2004 and 2009, Hewko worked as the vice-president for Operations and Compact Development for the Millennium Challenge Corporation...

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Irregularities Statement". The World Bank. 27 August 2020. Millennium Challenge Corporation. "Assessing performanceon the Access to Credit, Business Start-Up...

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20, 2023. "Alice Albright Sworn In as Millennium Challenge Corporation CEO". Millennium Challenge Corporation. February 16, 2022. Retrieved February...

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Eka Zguladze

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the programmes under the Compact Agreement signed with the Millennium Challenge Corporation of the United States of America. The Authority, in 2012, successfully...

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