ABIDJAN – The Embassy of the United States in Côte d’Ivoire congratulates the Government of Côte d’Ivoire for its selection to begin development of a Millennium Challenge Cooperation (MCC) Threshold Program. The decision came during the quarterly meeting of the MCC Board on December 10 in Washington, D.C.
The MCC Threshold Program is a smaller grant to assist countries in their efforts to become eligible for larger-scale MCC compacts by supporting targeted policy and institutional reforms, thereby providing countries with an opportunity to demonstrate their commitment to the broad policy areas underlying the MCC eligibility indicators. Selection for eligibility for a Threshold Program allows Côte d’Ivoire an opportunity to further strengthen its scorecard performance, and allows MCC the opportunity to assess the country’s ongoing commitment to reform.
“The decision to establish this MCC Threshold Program is an indication of the confidence the United States Government has in the tremendous progress that has been made in Côte d’Ivoire since 2011,” Chargé de Affaires Andrew Haviland said. “This program is a way for the American government to help support efforts already underway through targeted assistance. We see this as a significant step forward in the country’s efforts to become an emerging economy by 2020.”
In 2014, for the first time, Côte d’Ivoire passed the indicators on Control of Corruption and Democratic Rights on MCC’s country scorecards and has gained a passing score in half of the indicators, including all of the mandatory requirements, used to evaluate a country for MCC support.
The MCC Board of Directors generally decides each December whether to select new compact and Threshold Program partner countries, and whether to reselect those previously selected countries that are currently developing proposals for MCC investments.