The Millennium Challenge Corp.’s board of directors has approved a USD275.1 million compact with Jordan. The compact aims to help address Jordan’s water crisis by increasing potable water supply.
The compact, which was approved in an MCC board meeting on Sept. 16, includes USD102.57 million for the repair and construction of water pipes in the Zarqa governorate, USD58.22 million for the rehabilitation of undersized trunk lines and sewers in East Zarqa and West Zarqa, and USD93.03 million for the expansion of the As-Samra wastewater treatment plant.
During the meeting, the MCC board also discussed a new direction for the MCC threshold program.
The agency’s threshold program helps nations become eligible for MCC compacts by supporting policy and institutional reforms.
“However, the program will no longer aim to boost a country’s indicator scores within a two to three year period, but rather focus on the broader policies, captured by the MCC indicators, that are constraining a country’s ability to reduce poverty through economic growth,” according to a press release by MCC.
USAID will continue to be the primary administrator of MCC threshold programs, the press release adds.