Press Release

For Immediate Release

March 22, 2012

Contact: 202-521-3880

Email: info@mcc.gov

Statement from MCC CEO Daniel W. Yohannes on the situation in Mali

The Millennium Challenge Corporation (MCC) condemns the violence and military seizure of power in Mali. Mali is an MCC partner country and is scheduled to complete its compact in September 2012. MCC maintains compact partnerships only with countries that demonstrate a clear commitment to good governance, economic freedom and investing in their citizens. The unconstitutional actions taken by elements of the armed forces of Mali are in direct conflict with MCC’s commitment to democratic governance and the rule of law.

MCC is halting operations while it assesses developments in the country. The MCC Board of Directors held its quarterly meeting this afternoon and discussed the situation in Mali. The Board will assess the ongoing status of the compact as events unfold on the ground.