M

Millennium Challenge Corporation

aid & finance. Also MCC

An independent US foreign-aid agency, created in 2004, that makes large grants, called compacts, to low- and lower-middle-income countries chosen by its board. Selection uses an annual scorecard of 20-odd indicators on ruling justly, economic freedom and investing in people: a country must pass at least half, including “hard hurdles” on personal freedom and on corruption or accountability. A passing scorecard does not guarantee a compact.^1,2,3

Linked from 2 pages across CUPA.

Sources

1. 1 Millennium Challenge Corporation: Overview and Issues (RL32427). Congressional Research Service. Official
2. 2 Guide to the MCC Scorecard Indicators for Fiscal Year 2025. Millennium Challenge Corporation. Official
3. 3 MCC Selection Criteria and Methodology Report for Fiscal Year 2026. Federal Register, 2025-10-09. Primary document