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Millennium Challenge Corporation: Compact Implementation Structures Are Being Established; Framework for Measuring Results Needs Improvement.

Publication: General Accounting Office Reports & Testimony
Publication Date: 01-AUG-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
GAO-06-805 July 28, 2006

In January 2004, Congress established the Millennium Challenge Corporation (MCC) to administer the Millennium Challenge Account. MCC's mission is to reduce poverty by supporting sustainable, transformative economic growth in developing countries that create and in...

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...maintain sound policy environments. MCC has received more than $4.2 billion appropriations, and, as of May 2006, it had disbursed $22.4 million...

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