Congressional Budget Justification, FY 2018
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MCC’s fiscal year 2018 budget request will support the development and implementation of MCC programs in 26 countries with a combined population of about 118 million people living on less than $1.90 per day.
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Fully funding the FY 2018 request will help support grants to new partner countries, including Mongolia, Senegal, and Sri Lanka.
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The Threshold Program has been designed to challenge countries to implement key policy and institutional reforms. For FY 2018, MCC plans to support new threshold programs with Timor-Leste and Togo.
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Detailed focus on pre-compact planning, oversight and post-compact evaluation is critical for successful investments and ensuring that MCC, partner countries & the development community can take advantage of the learning opportunities inherent in MCC programs.
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The administrative expenses budget reflects MCC’s focus on gaining efficiencies while at the same time making necessary, prudent investments that increase overall productivity and organizational effectiveness.
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The USAID Office of Inspector General conducts financial and performance audits and reviews for MCC.
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MCC is seeking authority to implement concurrent compacts to maximize impact and supplement its proven country-focused model with the ability to develop regionally-oriented investments.
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MCC’s evidence-based approach to selecting partners and evaluating results, as well as the current portfolio listing, closed compacts results and modifications, sector results, beneficiary estimates and corporate goals are listed here.