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Josh Mailman, co-founder, the Threshold Foundation, the Social Venture Network and Business for Social Responsibility, commenting on US author John Perkins’ best seller, “Confessions of an Economic Hitman” wrote the following: “A fascinating insider’s view of how private multinational companies legally rob the poor of the Third World, country after country…” John Perkins had worked for years as a consultant with an American company, MAINS, doing stints in Latin America and Asia. And his key function was to prepare development models for Third World countries...

Amb. McCarthy, in remarks, hinted conditions for wining another compact project. The Millennium Challenge Compact (MCC) has ended with Liberia only left with the responsibility to maintain and sustain the gains made within the five years to have a hydropower plant.  While this project that has restored Liberia’s hope has ended, there are still more projects that the US Government has, but with conditions to meet before benefiting from them. Disclosing some of the preconditions on April 28, 2021 at a ceremony marking the closure of the MCC, US Ambassador, Michael A. McCarthy, says investmen...

President Weah speaks at the closing program of Millennium Challenge Compact-Liberia, Harrisburg, rural Montserrado County, Liberia. The US-sponsored Millennium Challenge Compact (MCC) that restored electricity in post-conflict Liberia has finally closed after five years of operation in line with its mandate. The compact was being administered by the Millennium Challenge Account established by the Legislature on October 23, 2015.  The MCC invested US$257 million in energy and road projects, which yielded the rebuilding of the Mount Coffee Dam that was destroyed during the civil war. The Mill...

President Weah Hails Millennium Challenge Compact’s Impact on Liberia Wednesday, 28th April 2021 Photo Credit: Executive Mansion (Monrovia, Liberia):  The President of the Republic, His Excellency Dr. George Manneh Weah, says is administration and the people of Liberia are satisfied with the impact of the Millennium Challenge Compact (MCC). The Compact, implemented by the Millennium Challenge Account Liberia, has ended its work after jumpstarting the country’s electricity and road sectors. President Weah acknowledged that Liberia was fortunate to have been among a very few coun...

Share PRESIDENT WEAH: “In order to ensure that Liberia’s performance on the MCC scorecard is realized, I have directed the MCC compact eligibility committee to work closely with the U.S. government and MCC to enable us to qualify for another compact in the future.” MONROVIA – President George Weah has assured the American government that his government will work tirelessly to ensure the projects under the Millennium Challenge Compact are protected, used for the intended purpose and managed sustainably. “As President of Liberia, I take this responsibility seriously. I hereby assure ...