Search Results for keywords:"poverty reduction"

Found 2 results

Search Results: keywords:"poverty reduction"

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  • 2025-00899 — Report on the Selection of Eligible Countries for Fiscal Year 2025 (Albania)
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    Type:Notice
    Citation:90 FR 3966
    Reading Time:about 6 minutes

    The Millennium Challenge Corporation (MCC) has named Albania as eligible to receive assistance for fiscal year 2025. This decision allows MCC to enter into a Millennium Challenge Compact with Albania, which aims to reduce poverty through economic growth. Albania was selected based on its satisfactory performance in key policy areas like just governance and economic freedom, as well as its progress in fighting corruption and ongoing development challenges. The selection was part of a reconsideration prompted by the new MCC Candidate Country Reform Act.

    Simple Explanation

    The Millennium Challenge Corporation has chosen Albania to get help for 2025 to make life better and fight poverty by making the economy grow. This choice was made because Albania is doing a good job in areas like fair government and stopping bad behavior.

  • 2021-03504 — Amendment to the MCC Economic Advisory Council Charter and Call for Nominations
    Type:Notice
    Citation:86 FR 10599
    Reading Time:about 3 minutes

    The Millennium Challenge Corporation (MCC) has updated the charter of the MCC Economic Advisory Council to increase its membership from 20 to 25 people. They are looking for nominees to join the council for the 2020-2022 term, with the deadline for nominations being March 7, 2021. The council, made up of various experts, will provide advice to MCC in areas of economic development and policy. All selected members will provide independent advice and will not receive compensation for their service.

    Simple Explanation

    The MCC needs some really smart people to give advice about how to help countries get better at making money and growing. They want to add 5 more people to a group of helpers, but you don't get paid for it, and they want to know why you'd be good for it in just two pages.