2019 Annual Report
Empowering Innovative and Accountable Economic Growth
Empowering Innovative and Accountable Economic Growth
Since its creation in 2004, MCC has transformed lives and created opportunities in its partner countries by focusing on one mission: reducing poverty through economic growth. By taking a country-led, results-driven approach to foreign assistance, MCC empowers the poor and catalyzes private investment for public good, creating a more secure world with more opportunities for economic growth at home and abroad.
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A message from the U.S. Secretary of State and the MCC Chief Executive Officer Sean Cairncross for fiscal year 2019.
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Since its founding, MCC and its partner countries have completed 27 compacts, totaling more than $8.7 billion in total expenditures. Two partner countries completed their MCC compacts in fiscal year 2019.
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MCC has broadened and deepened its partnerships with partner country governments, public donors, the private sector, and other U.S. Government agencies to further its impact and the sustainability of its investments.
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MCC actively engages with the private sector throughout the development and implementation of its threshold programs and compacts to spur economic growth in partner countries.