WASHINGTON (February 29, 2024) — The Millennium Challenge Corporation (MCC) was listed as one of 24 influential development agencies to watch for their expected global impact in 2024.
The Global Development Organizations to Watch list - published February 27, 2024, by Devex - notes that MCC is seeking Congressional approval of legislation to expand MCC country partnership eligibility as the agency celebrates its 20th anniversary this year.
The Millennium Challenge Corporation is an independent U.S. government development agency working to reduce global poverty through economic growth. Created in 2004, MCC provides time-limited grants that pair investments in infrastructure with policy and institutional reforms to countries that meet rigorous standards for good governance, fighting corruption and respecting democratic rights.