federation 2011 - millennium challenge corporation's powerpoint presentation (portland, or)

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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/partnerships
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    Procurement Opportunities: MCC.gov

    Visit: (http://www.mcc.gov/pages/business)

    http://www.mcc.gov/pages/businesshttp://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:

    [email protected]

    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]