Millennium Challenge Corporation

Millennium Challenge Corporation PDF

Author: U S Government Accountability Office (G

Publisher: BiblioGov

Published: 2013-07

Total Pages: 28

ISBN-13: 9781289159993

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The U.S. Government Accountability Office (GAO) is an independent agency that works for Congress. The GAO watches over Congress, and investigates how the federal government spends taxpayers dollars. The Comptroller General of the United States is the leader of the GAO, and is appointed to a 15-year term by the U.S. President. The GAO wants to support Congress, while at the same time doing right by the citizens of the United States. They audit, investigate, perform analyses, issue legal decisions and report anything that the government is doing. This is one of their reports.

Millennium Challenge Corporation

Millennium Challenge Corporation PDF

Author: United States Government Accountability Office

Publisher: Createspace Independent Publishing Platform

Published: 2018-01-14

Total Pages: 26

ISBN-13: 9781983847134

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Millennium Challenge Corporation: Projected Impact of Vanuatu Compact Is Overstated

Millennium Challenge Corporation

Millennium Challenge Corporation PDF

Author: U S Government Accountability Office (G

Publisher: BiblioGov

Published: 2013-07

Total Pages: 72

ISBN-13: 9781289224226

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The U.S. Government Accountability Office (GAO) is an independent agency that works for Congress. The GAO watches over Congress, and investigates how the federal government spends taxpayers dollars. The Comptroller General of the United States is the leader of the GAO, and is appointed to a 15-year term by the U.S. President. The GAO wants to support Congress, while at the same time doing right by the citizens of the United States. They audit, investigate, perform analyses, issue legal decisions and report anything that the government is doing. This is one of their reports.

Millenium Challenge Corporation

Millenium Challenge Corporation PDF

Author: United States Government Accountability Office

Publisher: Createspace Independent Publishing Platform

Published: 2017-09-15

Total Pages: 70

ISBN-13: 9781976386640

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In January 2004, Congress established the Millennium Challenge Corporation (MCC) for foreign assistance. Congress has appropriated almost $6 billion to MCC. As of March 2007, MCC had signed almost $3 billion in compacts with 11 countries, including a 5-year, $65.7 million compact with Vanuatu. MCC states that the Vanuatu compact will have a transformational effect on the country's economy, increasing per capita income and GDP and benefiting 65,000 poor, rural people. GAO examined (1) MCC's methods of projecting economic benefits, (2) MCC's portrayal and analysis of the projected benefits, and (3) risks that may affect the compact's impact. GAO reviewed MCC's analyses and met with officials and business owners in Vanuatu as well as with other donors.