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What is MCC?
The Millennium Challenge Corporation is a U.S. Government
agency designed to reduce poverty through economic growth inselect developing countries.
Good
governance
Investmentsin people
Economicfreedom
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Created with bipartisan supportby the U.S. Congress in 2004
Led by a governing Board ofDirectors:
Secretary of State (Chair)
MCC Chief Executive Officer
Secretary of the Treasury
U.S. Trade Representative
USAID Administrator
Four members of the private sector
MCCs mandate: Reducepoverty through economic growth.
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Two Types of Poverty Reduction Programs
MCC Compacts Threshold Programs
5-year grants
Large-scale and complex
Awarded to eligible countries as
determined by MCCs eligibility criteriaand final vote of the MCC Board ofDirectors
$8.1 billion awarded as compact grants
23 partner countries in Latin America,Africa, Europe, the Middle East, Asia,and the Pacific (19 active)
Implemented by the partner countrygovernment with guidance andoversight from MCC
2- or 3-year grants
Smaller in scale and objectives
Awarded to countries not compact-
eligible but committed to improvingpolicy performance
$495 million awarded as Thresholdgrants
21 partner countries in Latin America,Africa, Europe, the Middle East, andAsia (7 active)
Implemented by MCC and USAID inconsultation with the partner countrygovernment
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Whats different about MCC?
Competitive selection
Country-led design
Country-led implementation
Focus on results
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Where are we Working?
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The MCC Effect
MCC Compacts are powerfulincentives for countries to adoptstable and effective policies in order tobecome compact-eligible
Aid is more effective when
governments are invested in theirpeople
Open policies encourage privateinvestment and increased trade,creating a sustainable environment for
economic development
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Distribution of Investments
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MCC & the Philippines
On September 23, 2010 MCC signed a
Five-year, $434 million compact with the Government of Republic of thePhilippines to
Support reforms andinvestments to modernize theBureau of Internal Revenue
Expand and improve acommunity-driven developmentproject, Kalahi-CIDSS
Rehabilitate a secondary nationalroad in Samar province
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Compact Project Details
Secondary National Roads Development Project Allocation of $214.4 million
Rehabilitation 222 km of road Outcomes:
Reduced vehicle operating costs
Reduced travel time for passengers and goods
Reduced road maintenance costs
Increased commerce in and between the provinces of Samar and Eastern Samar
Revenue Administration Reform Project
Allocation of $54.3 million
Addresses the need to raise tax revenues and reduce tax evasion and revenue agent-related
corruption through focusing on increasing efficiency and sustainability of revenue collection
through:
Redesign and computerization of business processes Narrowing gap between potential and actual collections
Reducing the discretion of individual tax and customs collection officers,
Improving the predictability and impartiality of collections
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Continued
Kalahi-CIDSS project
Allocation of $120 million
Improve lives in rural areas by targeting communities where poverty exceeds the national average
for small-scale, community-driven development projects through
Direct provision of infrastructure and services associated with community-selected and
managed sub-projects
Strengthened community participation in development and governance activities at thevillage and municipal level
Improved responsiveness of local government to community needs
Support the participatory planning, implementation, and evaluation methodology developed
by the Philippines Department of Social Welfare and Development in collaboration with theWorld Bank.
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All Money Up-front
All money is appropriated up front by the US congress with no incremental or partial funding.
Paid by the U.S. Treasury This mitigates most of the risks associated with working in Emerging or Poor economies and
guarantees that invoices are paid as quickly as possible.
MCC Checks Guarantee Companies a Fair Shake The MCC model has checks and oversight at every step of the procurement process to make sure
that companies are getting a fair shake
Enforced International Environmental and Labor Standards MCC works carefully to ensure that no MCC funded companies abuse the environment or engage in
unfair/unsafe labor practices.
The Business of Doing Good business partners break through the on-going barriers to poverty in some of the poorest countries in
the world.
Why do Business with MCC?
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How Can Philippine Diaspora Groups Get Involved?
MCC is committed to maintain and liaise with key MCA countrypartner NGOs in country and in USA
Invitation to Innovate:
(I to I), is a framework to facilitate the development of partnerships with the privatesector and non-governmental organizations (NGOs).
Solicit innovative partnership ideas from the private and non-governmental sectors to
introduce new technologies and approaches for development
Please review the Invitation to Innovate grant program at
(http://www.mcc.gov/pages/business/partnerships)
Procurement Opportunities Open, Planned & Awarded Opportunities at/above $200k all posted to
(http://www.mcc.gov/pages/business)
http://www.mcc.gov/pages/business/partnershipshttp://www.mcc.gov/pages/businesshttp://www.mcc.gov/pages/businesshttp://www.mcc.gov/pages/business/partnerships8/4/2019 Federation 2011 - Millennium Challenge Corporation's PowerPoint Presentation (Portland, OR)
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Procurement Opportunities: MCC.gov
Visit: (http://www.mcc.gov/pages/business)
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Other Opportunities
MCC senior officials welcome
making presentations atDiaspora Conferences/eventsin USA
MCC invites Diaspora leadersto make suggestions on howMCC and USG can be moreresponsive to their
questions/issues
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For more information, please contact our Public Affairs Department at:
202-521-3850
Please sign up for MCC updates and invitations to MCC eventson the websitewww.MCC.gov
mailto:[email protected]://www.mcc.gov/http://www.mcc.gov/mailto:[email protected]