spot_imgspot_img
Wednesday, April 2, 2025

LIBERIA ELIGIBLE FOR MILLENNIUM CHALLENGE CORPORATION COMPACT DEVELOPMENT

Date:

On December 18, the Board of Directors of the Millennium Challenge Corporation (MCC) selected Liberia as a newly eligible country for the development of a compact. This decision recognizes Liberia’s progress in improving its performance on the MCC scorecard and its commitment to implementing essential economic and democratic governance reforms. MCC CEO Alice Albright expressed pride in the long-standing relationship with Liberia, emphasizing the agency’s excitement about forming a new partnership aimed at advancing opportunities for the people of Liberia.

During its quarterly meeting, the Board also reviewed the performance of other countries previously selected for eligibility. Cabo Verde and Senegal were reselected to continue developing regional compacts, while The Gambia was authorized to proceed with compact development. The Philippines also received approval to continue its threshold program.

However, the Board raised concerns about political developments in Tanzania, noting reports of disappearances, political violence, and restrictions on freedoms. While the Board urged Tanzania to improve protections for democratic rights, it reaffirmed the continuation of its threshold program.

The Board deferred its vote on Togo’s Compact re-selection, giving the government more time to take actions to protect democratic rights and freedoms. Meanwhile, developments in Mozambique, including concerns over the October 2024 elections and post-election violence, were noted, with the MCC pledging to closely monitor the situation.

This meeting marked the final session under the Biden administration, with participation from key officials including Secretary of State Antony Blinken. MCC’s recent successes were highlighted, with $4.1 billion invested across 15 programs benefiting nearly 80 million people globally. The Millennium Challenge Corporation, established in 2004, is dedicated to reducing global poverty through economic growth by providing grants for infrastructure and institutional reforms in countries meeting high governance standards.

LATEST DEVELOPMENT

CLINIC ADMINISTRATOR ARRESTED FOR MANSLAUGHTER

MONROVIA, LIBERIA – Sam Wolobah, the administrator of Lofa...

ECOWAS COURT GIVES GOL 30 DAYS TO RESPOND TO EX-NAFAA BOSS’S $10M LAWSUIT

MONROVIA, LIBERIA – The Economic Community of West African...

NAGBE ACCUSES EPS DIRECTOR SAM GAYE OF INCOMPETENCE, SECURITY BIAS

MONROVIA – Director of the Executive Protection Service (EPS)...

POWER OUTAGE DISRUPTS OPERATIONS AT ROBERTS INTERNATIONAL AIRPORT

MARGIBI COUNTY, LIBERIA – A major power outage at...

BOAKAI’S LUXURY OBSESSION AMID ECONOMIC STRUGGLES

Liberians continue to endure economic hardship while their president...

LIBERIA’S STRUGGLE FOR CHANGE CAN BOAKAI’S PROMISES OVERCOME DECADES OF UNFULFILLED REFORMS

President Joseph Nyuma Boakai’s message to his Cabinet during...

PRIORITIZING PRAGMATISM IN A RESOURCE-CONSTRAINED LIBERIA

In a country where the reality of fiscal scarcity...

A GROWING EMBARRASSMENT TO LIBERIA’S DEMOCRACY

The recent actions of the House of Representatives in...

COMMENTARY

WHY FOLLOW A PR STRATEGY TO OVERCOME CRISES AND MAINTAIN BRAND VISIBILITY

Courtesy of Martin Blayon, an experienced Public Relations Specialist Misinformation...

THE LASTING LEGACY OF PRINCE JOHNSON’S DEATH AND THE PATH FORWARD FOR LIBERIA

By Lyndon J. Ponnie, Sr. The passing of former Liberian...

PRES. BOAKAI’S LACK OF LEADERSHIP AND LIBERIA’S POLITICAL CRISIS

-A Commentary Joseph Boakai's failure to lead has once again...

THE MASS DISMISSAL OF LIBERIAN PUBLIC SERVANTS: A TROUBLING TREND UNDER THE BOAKAI ADMINISTRATION

A Commentary by Wondah L. Jah Since assuming the presidency,...

LATEST NEWS

PIAH’S LEADERSHIP AT MICAT CRITICIZED FOR MISMANAGEMENT AND LACK OF PRODUCTIVITY

MONROVIA – Former Assistant Minister for Information Services, Matthew...

ARE RUSSIAN MERCENARIES REALLY OPERATING IN LIBERIA?

In a troubling development, consistent reports indicate that Russian...

FOREIGN MINISTER NYANTI AND PRES. BOAKAI ARE HIDING $25 MILLION NEKOTECH DUBIOUS SCHOLARSHIP PROGRAM

Former Assistant Minister for Information Services, Matthew Nyanplu, has...

ARE LIBERIAN GOVERNMENT OFFICIALS LAUNDERING MONEY UNDER THE PRETEXT OF FOREIGN LOBBYING?

WASHINGTON, DC – In under four years, the Government...

Share post:

EXCLUSIVE INTERVIEW

OPINION

HOR IN UPROAR AS EMBATTLED SPEAKER KOFFA’S INFLUENCE EXPOSES GOVERNANCE CHALLENGES

By Socrates Smythe Saywon, Sr. Liberia’s political scene is currently...

LIBERIANS ARE IN AN ABUSIVE RELATIONSHIP WITH THE UP AND CDC

  An Opinion By Grace RK Guar Every six...

AMERICA’S NEGLECT OF LIBERIA: A CALL FOR CHANGE

An Opinion By Bishop Dr. Rudolph Q. Kwanue, Sr A...

AMID AN UNENDING WAR AGAINST POVERTY, INJUSTICES – HAS THE PROGRESSIVE STRUGGLE BECOME LOST IN TRANSLATION?

A Patriot's Diary With Ekena Wesley What manner of Liberian progressives...

THE GALLERY

spot_imgspot_img

MORE ARTICLES

spot_imgspot_img

MORE NEWS

LATEST DEVELOPMENT NEWS

LATEST CRIME NEWS

Share via
Copy link