2017 Annual Report
New Opportunities, Lasting Results
Since its creation in 2004, MCC has transformed lives and created opportunities in its partner countries by focusing on one mission: reducing poverty through economic growth. By taking a country-led, results-driven approach to foreign assistance, MCC empowers the poor and catalyzes private investment for public good, creating a more secure world with more opportunities for economic growth at home and abroad.
Introduction
A message from the U.S. Secretary of State, executive summary from Acting CEO Jonathan Nash, and an overview of the board of directors for fiscal year 2017.
Unlocking Opportunity
Since its founding, MCC and its partner countries have completed 22 compacts, totaling more than $7.9 billion. In fiscal year 2017, MCC celebrated the closing a compact in Jordan, continued implementation of 10 other compacts, and signed two new compacts.
Partnering for Results
MCC continues to seek new and innovative ways to collaborate with partner country governments, public donors, the private sector and other U.S. Government agencies to produce lasting advances in the developing world.
New Efforts to Advance Global Development
By holding its partner countries accountable to high standards of good governance and capitalizing on private investment and expertise, MCC is delivering development results and creating new opportunities for U.S. firms in frontier markets.