Monrovia – On January 20, 2021, Millennium Challenge Corporation (MCC) and Millennium Challenge Account Liberia (MCA-L) marked the close of Liberia`s Compact. The closure of the Compact in Liberia is consistent with the fixed 5-year life span of MCC compacts. Liberia’s eligibility for a second compact will depend on its performance on subsequent MCC scorecards and a performance evaluation on the implementation of the initial compact. Last year, Liberia improved its scorecard performance bypassing 9 out of 20 indicators, compared to 8 out of 20 indicators in the previous year. If Liberia’s performance continues to improve, eligibility for a second compact is possible since a country needs to pass 10 out of 20 indicators.

Source: Front Page Africa January 28, 2021 12:45 UTC