The Millennium Challenge Corporation (MCC) Approves US$23 Million for Solomon Islands
Source: Daily News Wednesday, 23 December 2020 09:16 AM
The Millennium Challenge Corporation (MCC) Board of Directors at its quarterly meeting on 15 December 2020 has approved a US$23 million Threshold Program for Solomon Islands.
The Millennium Challenge Corporation is a bilateral United States foreign aid agency established by the U.S. Congress in 2004, applying a new philosophy toward foreign aid. It is an independent agency separate from the State Department and USAID.
The Threshold Program for Solomon Islands will cover two projects. The Forest Value Enhancement Project (FoVEP) and the Accessing Land for Tourism Investment Facilitation (ALTIF) project.