eligible for new U.S. aid to be selected in May
board of directors of the new U.S. Millennium Challenge Corporation
(MCC) will select in May the first countries to be invited to develop
proposals to receive its aid, according to Alan Larson, under secretary
of state and interim MCC chief executive officer (CEO).
will be based on demonstrated commitment to good governance, economic
freedom and investing in people, Larson said (last week) outlining
the criteria for selecting countries eligible to receive aid through
the Millennium Challenge Account (MCA).
added that the MCA approach to development emphasizes lasting economic
growth and poverty reduction, according to a statement issued through
the US embassy in Colombo.
MCA is an incentive-based supplement to other U.S. aid programs
administered by the MCC, a new government corporation designed to
ensure accountability by beneficiary governments for measurable
results, according to an MCC report.
of MCA funds will be based on a country's overall performance as
determined by 16 transparent indicators, Larson said. In addition,
the MCC board may consider whether any adjustments are needed for
gaps or unavailable data or if a country performs "substantially
below average" on any one indicator, he said.
factors, such as a country's performance in ensuring the rights
of people with disabilities, labor standards, and environmental
protection, also will be considered, Larson said.
the MCA eligibility criteria for countries during the current fiscal
year are eligibility for assistance from the World Bank's lending
arm, the International Development Association; a per capita income
of $1,415 or less; and no prohibition on receiving U.S. aid.