WASHINGTON (August 22, 2025) On August 21, the Millennium Challenge Corporation (MCC) Board of Directors met to select new country partners, review updates to the agency’s portfolio, and affirm MCC’s model for delivering results for the American people.
“MCC is an important tool to advance President Trump’s America First foreign policy agenda,” said Christopher Landau, Deputy Secretary of State and acting chair of the MCC Board of Directors. “With a focus on return on investment, an evidence-based approach, and a strict five-year implementation timeline, MCC ensures U.S. taxpayer dollars advance U.S. interests.”
MCC’s Board selected Fiji as eligible to develop a compact. A close ally and partner on shared priorities, Fiji also represents an emerging economic hub for American businesses. The Board also approved Tonga for a threshold program, creating new opportunities to strengthen ties with another key U.S. partner in the Pacific. These selections reflect the long-standing partnership between the United States and both nations, as well as their commitment to reforms that foster stronger investment climates. Together, they underscore the United States’ enduring commitment to the Pacific.
In addition to selecting new country partners, MCC’s Board discussed the results of the Foreign Assistance Review, in accordance with President Trump’s Executive Order, Reevaluating And Realigning United States Foreign Aid. The discussion highlighted how MCC investments contribute to making America safer, stronger, and more prosperous. MCC will announce additional information on the Board’s actions to terminate certain existing programs following required notifications to Congress.
In preparation for potential country selections in the next fiscal year (FY), the Board also approved the FY 2026 Candidate Country Report, which lists all countries that meet the statutory criteria to be considered for MCC assistance. The Board also discussed the forthcoming FY 2026 Selection Criteria and Methodology Report, which explains how MCC evaluates candidate countries’ policy performance when determining country eligibility for a potential MCC program.
The Millennium Challenge Corporation is an independent U.S. government agency focused on advancing America’s economic and strategic interests through results-driven foreign assistance. MCC’s investments support large-scale infrastructure, strategic reforms, and economic modernization that deliver measurable returns. Countries and U.S. taxpayers mutually benefit from expanded commercial opportunities for U.S. businesses, reduced influence of competitors, and reinforced global environments aligned with the United States.