Washington, D.C.Today the White House recognized the Millennium Challenge Corporations (MCC) commitment to transparency and results in the White House Open Government Innovations Gallery, a forum to highlight steps toward greater openness taken by government agencies.
MCC is a government agency dedicated to transparency and results in an effort to be accountable and effective in the global poverty reduction work we do on behalf of U.S. taxpayers, said Shiro Gnanaselvam, MCC Senior Director for Monitoring and Evaluation.Since its creation in 2004, MCC has made a great effort to make its collaborative work accessible and open to the public, and to show the progress towards results and final impacts to the American people and its development partners.
MCC is changing the conversation on how to deliver U.S. foreign assistance by focusing on good policies, country ownership, and results through partnerships with some of the worlds poorest countries. MCC provides well-performing countries with large-scale grants, referred to as compacts, to fund country-led solutions for reducing poverty through sustainable economic growth.The White House Open Government Innovations Gallery is highlighting MCCs unprecedented focus on results.
In monitoring and evaluating results, MCC uses performance indicators and targets to track progress towards program objectives on a quarterly basis. In addition, MCC uses rigorous impact evaluations to measure and document the actual impact that MCC-funded projects have had on the incomes of local beneficiaries. MCC invests significant resources in impact evaluations to show U.S. taxpayers how MCC assistance is working and how the agency and others can make foreign assistance more effective.
Earlier this year, MCC launched a new Results section on its public website, www.mcc.gov, dedicated to transparently showcasing both qualitative and quantitative results, including MCCs monitoring and evaluation (M&E) efforts.
MCC makes available the M&E plans for every compact program in implementation, and publishes actual performance data against key indicators and targets that are contained in the M&E plans.In addition to the country-specific performance data, MCC also posts performance data by sector in areas where MCC has significant investments, such as agriculture and roads. Finally, MCC publishes the economic rate of return analyses that estimate expected benefits prior to an investment.
This level of transparency and dedication to measuring results is unprecedented in the foreign assistance community. MCCs M&E webpage includes a feedback form with an invitation for comments from the public.
Learn more about MCCs M&E work at http://www.mcc.gov/mande and other results at http://www.mcc.gov/results. Keep connected with MCC via Facebook http://www.mcc.gov/facebook and Twitter http://www.mcc.gov/twitter, through videos at YouTube http://www.mcc.gov/youtube and Vimeo http://www.mcc.gov/vimeo or by podcast http://www.mcc.gov/itunes.
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Millennium Challenge Corporation (MCC), a United States Government agency designed to work with developing countries, is based on the principle that aid is most effective when it reinforces good governance, economic freedom, and investments in people that promote economic growth and help eliminate extreme poverty. For more information about MCC, visit www.mcc.gov.