MCC’s fiscal year 2020 budget proposal will advance U.S. values and interests overseas through programs that fight poverty, spur economic growth, and support stability in regions of significant strategic importance.
Compacts in Development
Fully funding the FY 2020 request will provide funding for compacts with Timor-Leste, Lesotho, Kosovo, and Burkina Faso, all targeted to be negotiated in FY 2020, and support continued development of the Sri Lanka and Tunisia compacts.
MCC’s threshold program is an innovative tool used to incentivize and implement positive policy, regulatory, and institutional reforms in candidate countries and selected partner countries.
Compact Development and Oversight
Pre-compact planning, post-compact evaluations, and oversight are critical to the success of MCC programs and to ensuring that MCC, partner countries, and the development community can take advantage of the learning opportunities inherent in MCC programs.
MCC continues to focus on improving its efficiency and effectiveness to increase productivity.
Office of the Inspector General
The USAID Office of Inspector General conducts financial and performance audits and reviews for MCC annually.
Proposed Legislative Changes
The AGOA and MCA Modernization Act (MCAMA) was signed into law on April 23, 2018. As a result, MCC’s proposed yearly appropriations language can be updated to eliminate provisions that have now been codified by the MCAMA.
Appendix: Annual Performance Report
The appendix is a set of supplemental data and supporting materials used to produce the MCC budget justification, including MCC’s current portfolio listing, closed compacts results and modifications, sector results, beneficiary estimates and corporate goals.