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    Ghana Vows Wise Execution of MCC Compact

    By Tarra Quismundo // 04 February 2010

    Ghana President John Evans Atta Mills has assured the U.S. of efficient, transparent and timely use of American taxpayers’ money as he received the chief of the Millennium Challenge Corp. in Accra Feb. 3.

    Mills reaffirmed his government’s commitment to the wise execution of a five-year, USD547 million MCC compact awarded to Ghana, which is programmed to fund agriculture, transport and rural development projects toward poverty reduction.

    MCC CEO Daniel Yohannes, meanwhile, hopes to use the Ghana compact as an example for future projects in developing countries if carried out with success, Ghana News Agency reports. The MCC funding has so far built 65 schools and continues to support farming, irrigation and post-harvest projects around Ghana.

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    About the author

    • Tarra Quismundo

      Tarra Quismundo

      Tarra Quismundo joined Devex Manila as a staff writer in October 2009 after more than six years of working as a reporter for the Philippine Daily Inquirer, a nationwide daily, for which she covered major breaking news in politics, military, police and international affairs. Tarra's Devex News coverage focuses on key Asian donors and top aid officials around the globe.

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