The Millennium Challenge Corporation and Ghana
Posted: 14 Sep 2009
Date Written: July 17, 2009
A U.S. government agency, the Millennium Challenge Corporation (MCC), provides aid to developing countries, focusing on poverty reduction through economic growth. It measures results through an economic rate of return based on increases in farmer incomes anticipated over twenty years. As MCC and Ghana finalize a $547 million grant for agriculture and transportation infrastructure, they come up against an accountability and measurement problem: how to address an urgent request from Ghana to fund community services - such as schools and drinking water--for which the results will be more difficult to measure.
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