Press Releases

Press releases are listed by date from most recent to oldest.

September 14, 2017

U.S. and Nepal Sign $500 Million Compact

The U.S. Government’s Millennium Challenge Corporation (MCC) and the Government of Nepal today signed a $500 million compact to spur economic growth and reduce poverty in Nepal.

September 12, 2017

U.S. and Kosovo Sign $49 Million Threshold Program

The U.S. Government’s Millennium Challenge Corporation (MCC) and the Government of the Republic of Kosovo today signed a $49 million threshold program.

August 17, 2017

MCC Board of Directors Approves Compact with Nepal

The U.S. Government’s Millennium Challenge Corporation (MCC) Board of Directors this week approved a $500 million compact with Nepal, MCC’s first compact in South Asia.

July 21, 2017

MCC Delegates Visit Nepal to Advance Compact Proposal

A delegation from the U.S. Government’s Millennium Challenge Corporation (MCC) met with Prime Minister Deuba and senior government officials of Nepal to discuss final provisions of a planned MCC grant assistance (compact).

June 21, 2017

MCC Board of Directors Approves Kosovo Threshold Program

At its quarterly meeting today, the Millennium Challenge Corporation’s Board of Directors approved a $49 million threshold program with the Republic of Kosovo.

May 23, 2017

President Trump Requests $800 Million for Millennium Challenge Corporation

President Donald J. Trump today delivered his fiscal year 2018 budget proposal to Congress, including $800 million for the U.S. Government’s Millennium Challenge Corporation (MCC) to continue its mission of fighting global poverty through economic growth.

March 29, 2017

Readout of the MCC Board of Directors March 2017 Quarterly Meeting

At its quarterly meeting on March 29, the Millennium Challenge Corporation’s (MCC) Board of Directors received an overview of MCC’s investment portfolio by MCC Acting Chief Executive Officer Jonathan Nash.

January 13, 2017

Millennium Challenge Corporation, India Ministry of External Affairs Announce Cooperation to Promote Economic Growth

The U.S. Government’s Millennium Challenge Corporation (MCC) and the Ministry of External Affairs of India (MEA) released a joint statement announcing their intent to share information and knowledge to promote economic growth and reduce global poverty.

January 5, 2017

MCC Releases New Memo on Progress Under the Obama Administration, Priorities for the Years Ahead

The U.S. Government’s Millennium Challenge Corporation (MCC) released a memo, MCC: Modernizing the Fight Against Poverty, outlining the agency’s progress under the Obama Administration and priorities for the years ahead.

December 16, 2016

U.S. Government Supports Start of Power Generation at Mount Coffee

U.S. Government, Government of Liberia, and international partners celebrate the start of power generation from the first turbine at the Mount Coffee Hydropower Plant, expanding access to power for people, communities, and businesses in Liberia.