Millennium Challenge Corporation
The Millennium Challenge Corporation (MCC) is a U.S. government agency established in 2004 to promote economic growth and reduce poverty in developing countries. It provides financial assistance through grants to support projects in areas like education, health, and infrastructure. The MCC focuses on countries that demonstrate a commitment to reforms and good governance.
MCC partnerships are based on a competitive selection process, where eligible countries must meet specific criteria related to governance, economic freedom, and social investment. The agency aims to create sustainable development by empowering nations to invest in their own growth and improve the quality of life for their citizens.