WASHINGTON, D.C., September 15, 2020 – At its quarterly meeting today, the Millennium Challenge Corporation’s (MCC) Board of Directors received an update from Chief Executive Officer Sean Cairncross on the agency’s investment portfolio and current operations.
At the meeting, the Board also received an update on the agency’s response to the COVID-19 pandemic and recognized the recent closure of the second compact with El Salvador. MCC is proud of its partnership with El Salvador and has accomplished much over the course of this 14-year relationship.
The Board also approved MCC’s Selection Criteria and Methodology Report (SCMR) for Fiscal Year 2021. The SCMR is a statutorily required report produced each year on MCC’s process for selecting countries for compact or threshold program assistance.
View the Selection Criteria and Methodology Report for Fiscal Year 2021 on MCC’s website.
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