Related Website

Related Website

Millenium challenge account.PNG
Published on
2022 Jun 29
Thematic Areas
Economics, Trade and Incentive Measures

Millenium challenge account


The “Millennium Challenge Account” run by the “Millennium Challenge Corporation” is a fund for development. The Millennium Challenge Account (MCA) is a fund designed to accelerate growth in order to reduce poverty through economic growth.

The Millennium Challenge Corporation (MCC) is an initiative of the American Administration that consists of a partnership with countries that have achieved some performance in the following three areas:

  • good governance in the management of public affairs;
  • creating an environment favourable to private initiative;
  • and commitment by the State to make significant investments in the social sector.

The plan conditions loans on the adoption of economic policies favorable to investment, in particular through public-private partnerships.

 

Millenium challenge account.PNG
Published on
2022 Jun 29
Thematic Areas
Economics, Trade and Incentive Measures

Attachments (1)