Press Release

MCC Releases New Strategy to Broaden and Deepen Fight Against Poverty

For Immediate Release

February 24, 2016

WASHINGTON, D.C., February 24, 2016 – Today, the U.S.Government’s Millennium Challenge Corporation launched NEXT: A Strategy for MCC’s Future that outlines new directions, specific goals, and priority actions that the agency will pursue in the years ahead.

MCC’s singular focus on economic growth has proven to be one of the most effective ways to achieve widespread and lasting reductions in poverty across the developing world. Now in its 12th year, the agency is working to sharpen its approach and bolster its ability to transform lives and reduce global poverty.

NEXT aims to help MCC achieve:

  • Greater leverage and systemic impact,
  • Catalytic partnerships with the private sector and other development players, and
  • Continued innovations in development effectiveness shared across the development community.

NEXT outlines five specific agency goals:

GOAL 1:  Help countries choose evidence-based priorities in growth and poverty reduction strategies that reflect new learning and new opportunities.

GOAL 2:  Strengthen reform incentives and accountability.

GOAL 3:  Broaden and deepen public and private partnerships for more impact and leverage.

GOAL 4:  Lead on data and results measurement, learning, transparency, and development effectiveness.

GOAL 5:  Maximize internal efficiency and productivity. Maintain and motivate a world-class, high-functioning staff.

Learn more about NEXT: A Strategy for MCC’s Future.

 

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The Millennium Challenge Corporation is an innovative and independent U.S. Government agency working to reduce global poverty through economic growth. Created by the U.S. Congress in January 2004, with strong bipartisan support, MCC provides time-limited grants and assistance to countries that demonstrate a commitment to good governance, investments in people and economic freedom. Learn more about MCC at www.mcc.gov.