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It uses multiyear agreements to invest in projects that create jobs and expand markets, promote growth through infrastructure, and lay the groundwork for healthy communities. MCC focuses on economic growth, ensuring that U. MCC investments include compacts and threshold programs. Photo: Theresa Carrington.
Download the one-pager. Community Request FY Description What Does This Buy? Justification for the Request U. What Does This Buy? Partner countries must demonstrate a commitment to just and democratic governance, investments in its people, and economic freedom as measured by different policy indicators.
Countries undergo competitive selection, wherein sound economic and social policies and democratic governance play a significant role in ensuring that inclusive economic growth reaches the poorest people.
MCC works closely with partner country governments to help them refine their programs, which are developed in broad consultation with civil society and the private sector and considered alongside long-term national development strategies, creating sustainable know-how and self-sufficiency that continue long after U. Interest MCC investments build a more stable world, expand markets, and increase the capacity of partner governments.
Decreased investment could drive countries to seek out other regimes that promise low-cost loans and funding with no strings attached, such as Chinese loans, that go in the opposite direction in their development toward a less inclusive and democratic society.