Breaking
extra newsTwitter has suspended President Donald Trump from its platform, the company said.. 6
extra newsFacebook CEO Mark Zuckerberg said in a post that the social media giant was bann.. 13
politics newsThis was after he beat Professor Aaron Mike Quaye, the Speaker of the Seventh Pa.. 10
politics newsNana Akufo-Addo took the Presidential Oath and the Oath of Allegiance administer.. 10
technology newsAn Elasticsearch database with over 380 million records, including login credent.. 33
science newsHe Jiankui, the Chinese researcher who stunned the world last year by announcing.. 40
  • Photo Gallery
  • Contact us
  • Login
  • Covid19 Cases
  • Confirmed
  • Deaths
  • Recovered
  • Recovery(%)
Weather Ghana, °C
392 954 118 1.9k
Show Menu
  • Home
  • News
    • Financial
    • Business
    • Social
    • Extra
    • Politics
    • Health
    • Education
    • Opinion
    • Religion
    • Science
    • Technology
  • Sports
  • Entertainment
    • Music
    • Movie
    • Gossip
  • Institutions
  • Blogs
  • Classifieds
    • Events
    • Auto
    • Real Estate
    • Announcement
  • Lifestyle
    • Gadgets
    • Recipes
  • Ghana
    • eDocuments
  • Jobs
  • Contact us

Ghana is eligible for Second Millennium Challenge Corporation Compact

07 Jan 2011 163 news, social

The US Government’s Millennium Challenge Corporation (MCC) Board of Directors has declared Ghana eligible to submit a proposal for a second compact. Ghana is currently implementing a five-year, $547 million compact due for completion by February 2012. This was contained in a release issued by the Public Affairs Section of the Embassy of the United States of America in Accra. It said the Board noted that second compacts were contingent on successful completion of first compacts, continued good policy performance, development of proposals that had significant potential to promote economic growth and reduce poverty, and availability of funding. “Qualifying for a subsequent compact is harder than qualifying for a country's first compact, “the release said. “This was the first MCC Board Meeting since President Barack Obama announced the US Global Development Policy in September,” said MCC Chief Executive Officer Daniel W. Yohannes. “MCC’s approach to development, which focuses on economic growth, country ownership, sustainability, and accountability, directly aligns with the President Obama’s strategy.” “MCC’s strategic priorities include an emphasis on results, private sector engagement, gender integration, and effective policy reform." The release said the Board also agreed that Cape Verde, Indonesia, and Zambia were eligible to continue the process of developing compacts in Fiscal Year 2011. In addition to approving Malawi’s eligibility for FY2011 funding, the Board approved a $350.7 million compact with Malawi. “Georgia is also eligible to develop a second compact proposal,” the release added.




Source: Ghana News Agency



Prev article
Next article

0 Comments

view all comments

Related

social news

Merck Foundation in partnership Ghana First Lady support casual and daily workers affected by Coronavirus lockdown 351

social news

Minister urges residents to comply with lockdown directives 27

social news

Deadly blast at gas station sends giant fireball billowing into the sky over Accra 783

social news

Enforce laws against foreigners who destroy Ghana's environment- EPA 146

social news

1.2 million dollars of pangolin scales seized in Malaysia 458

Gadget Reviews

Bevy photo-sharing device 221

Gadget Votes: 1 |5 out of 5
1/7/2016

Samsung's Family Hub Fridge 262

Gadget Votes: 1 |5 out of 5
1/7/2016

oombrella 249

Gadget Votes: 1 |3 out of 5
1/29/2016
View more articles

Tag Cloud

social politics business opinion sports education health technology religion extra science Classifieds Jobs

Photo Gallery

Send Email

Write a Comment


Resident Manager

All Ghana Data, P. O. Box Ah 9182, Ahinsan, Ashanti, Ghana
+233 27 872 7027
i-desk@allghanadata.com

Popular Articles

Idris Elba almost died in Ghana465

27 Nov 2015

Lucky Dube’s Daughter To Rock Ghana1685

16 Nov 2011
View more articles

Popular Categories

  • news
  • institutions
  • entertainment
  • blogs
  • recipes
  • classifieds

Random Selfies Feed

View Gallery
  • Home
  • Privacy
  • Classifieds
  • Lifestyle
  • Jobs
  • Sitemap
  • Contact us

©Copyright 2002-2021 All Ghana Data All Rights Reserved | Powered by SASCMS