Millennium Challenge Account : Implementation of a New U.S. Foreign Aid Initiative

Author / Creator

Library of Congress. Congressional Research Service

Available as

Online

Summary

Reviews issues involved in implementation of the Millennium Challenge Account (MCA) foreign economic assistance initiative, administered by the Millennium Challenge Corp. (MCC), that will be used t...

Reviews issues involved in implementation of the Millennium Challenge Account (MCA) foreign economic assistance initiative, administered by the Millennium Challenge Corp. (MCC), that will be used to distribute U.S. foreign aid to developing countries that demonstrate a commitment to specified economic and political reforms and humanitarian efforts. Provides background on MCC, and reviews steps involved in and issues relating to MCC/MCA implementation, including selection of candidate countries, and MCC funding issues.

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