Millennium Challenge Corporation Selects Mozambique to Develop a Second Compact

For Immediate Release

Tuesday, December 10, 2019
U.S. Embassy Maputo Press Office
MaputoPress@state.gov.

 

December 10, 2019 – On December 9, the Board of Directors of the Millennium Challenge Corporation (MCC) selected Mozambique for development of a second compact.  U.S. Ambassador Dennis W. Hearne and MCC Chief Executive Officer Sean Cairncross informed President Filipe Jacinto Nyusi of Mozambique’s selection during a telephone call that same day.  Together with the United States Government’s nearly $500 million in current annual development assistance, Mozambique’s selection for a second compact further reinforces our commitment to partner with Mozambique to promote more inclusive economic growth and political reforms that strengthen the rule of law and democracy.

MCC is a U.S. government grant program that provides time-limited grants to developing countries that meet rigorous standards for good governance, from fighting corruption to respecting democratic rights, as evaluated by MCC’s scorecard. MCC takes a business-like approach, with bedrock commitments to data, accountability, and evidence-based decision making. “I am pleased to announce MCC’s new compact partnership with Mozambique…,” MCC Chief Executive Officer Sean Cairncross said.  “MCC works around the world to reduce poverty through economic growth— consolidating democratic and free–market reforms, and enabling public and private sector collaboration to create jobs, sustainable growth, and better economic opportunities within our partner countries.”

Mozambique successfully completed its first MCC compact in September 2013 and has recently demonstrated encouraging policy improvement on the scorecard. A new compact would build on the country’s continued commitment to sector reform and MCC’s strong relationship with the country.

The U.S. Embassy looks forward to working with the Government of the Republic of Mozambique to develop a compact that will support the country’s continued progress in the areas of economic development, governance, and democratic reform.

Last updated: December 13, 2019

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