Obama Administration Seeks Funding Hike for MCC

The

could receive some USD1.425 billion if the Obama administration's international affairs budget for fiscal year 2010 will be approved by the U.S. Congress. The sum represents a 63 percent increase from the previous fiscal year's funding for the agency. "MCC looks forward to testifying before members of Congress in the coming weeks to provide an overview of potential programs with partner countries including Senegal, Moldova, Jordan, Malawi, the Philippines, Zambia, Colombia, Indonesia, Liberia, and Timor-Leste," said MCC Acting CEO Rodney Bent.

About the author

  • Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.