By BUUMBA CHIMBULUZAMBIA and Belize have been selected as newly eligible to develop Millennium Challenge Corporation’s (MCC) compacts, the agency’s five-year grant programme.The selection was made recently by the MCC’s Board of Directors at its quarterly meeting on Wednesday this week.As part of its annual discussion on country selection, MCC’s Board also reviewed the policy performance of eligible and previously selected countries and received an update on the status of the US$500 million MCC-Nepal Compact.Zambia completed a prior compact with MCC in 2018 and demonstrates strong performance on MCC’s scorecard.A subsequent compact will support the Government of Zambia’s efforts to address the country’s pressing development challenges and pursue critical economic and democratic governance reforms following its recent democratic transition.“I am excited to announce MCC’s new partnerships with Belize and Zambia,” said MCC’s Acting Chief Executive Officer, Mahmoud Bah.Mr Bah said these governments [Zambia and Beliz) had demonstrated a clear commitment to democratic governance, investing in […]
Zambia among countries to undertake Millennium Challenge grant
