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.
MCC CEO Dana J. Hyde & Liberia Minister of Finance and Development Planning Amara M. Konneh, shake hands after signing a $257 million compact, in the presence of Liberia VP Joseph Boakai, left, and U.S. Deputy Assistant Secretary of State Todd Haskell
MCC's Board of Directors approved three countries as eligible to develop compact proposals, six countries to continue developing compact proposals and two countries to develop Threshold Programs. The Board also approved a Threshold Program with Guatemala.
At its quarterly meeting Dec. 10, the Millennium Challenge Corporation Board of Directors voted to make Nepal, Mongolia and the Philippines eligible for new compacts and approved Guatemala's Threshold Program.