Jul 20, 2018 Last Updated 10:40 AM, Jul 19, 2018


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Malawi Not Given New Compact Program

Malawi Not Given New Compact Program Image sourced at gettyimages.com
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Malawi once again misses reselection for another compact program under the United State’s Millennium Challenge Corporation (MCC) program.

This has been confirmed through a published online statement from the MCC office in Washington following a board meeting which its directors held towards the end of last month.

The MCC had a pool of about 74 countries which are lower to middle income which it enlisted for candidacy in the 2018 financial year.

Malawi which is completing its energy pact from 2012, this year was among the candidates for reselection.

However according to a results report from the MCC Board they reselected Burkina Faso, Mongolia, Senegal, Sri Lanka, and Tunisia, enabling the development of compacts in those countries to continue.

Two new countries have been selected for the first time namely The Gambia and Timor Leste.

This means that Malawi will now have to work on campaigning to get a new compact to develop another sector other than energy.

Meanwhile, the Malawi Government and the MCC office in the country are yet to comment on the matter.

The Millennium Challenge Corporation is a bilateral United States foreign aid agency established by the U.S. Congress in 2004, applying a new philosophy toward foreign aid.

It is an independent agency separate from the State Department and USAID

Last modified on Tuesday, 09 January 2018 14:15


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