📖 The Scoop
The Millennium Challenge Corp. (MCC), now in its 4th year of operations, provides aid to developing countries that have demonstrated a commitment to ruling justly, encouraging economic freedom, and investing in people. MCC provides monetary assistance to eligible countries through multi-year compact agreements to fund specific programs targeted at reducing poverty and stimulating economic growth. This performance audit assesses: (1) the current status and pace of compact development; (2) projected time frames for the commitment and obligation of MCC¿s existing (2004-8) and requested (2009) appropriations; and (3) MCC¿s progress in disbursing compact assistance. Illustrations.
Genre: Social Science / General (fancy, right?)
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