
Millennium Challenge Corporation (Solomon Islands)
Details
Description
The Millennium Challenge Corporation (MCC) is an innovative and independent U.S. foreign assistance agency that is helping lead the fight against global poverty.
Created by the U.S. Congress in January 2004 with strong bipartisan support, MCC has changed the conversation on how best to deliver smart U.S. foreign assistance by focusing on good policies, country ownership, and results. MCC provides time-limited grants promoting economic growth, reducing poverty, and strengthening institutions. These investments not only support stability and prosperity in partner countries but also enhance American interests. With cost-effective projects, a lean staff, and an evidence-based approach, MCC is a good investment for the American people.
Solomon Islands was selected as eligible to participate in the MCC’s Threshold Program in 2018 and in 2019, MCC in collaboration with the Solomon Islands Government started developing the Threshold program.
The Grant Agreement signing for the MCC Threshold program is expected to take place in April 2021 and implementation to start by September 2021.