MCC Board Approves 2 New Threshold Programs

Last week, the Board of the Millennium Challenge Corporation approved two new Threshold programs. It approved a $55 million grant to Indonesia to improve childhood immunization and curb corruption. It approved a $24.7 million grant to Moldova to fight corruption. Interestingly, Moldova passes the corruption indicator in the FY2007 round.To date, the MCC has approved 11 Threshold programs for a total of $287 million, all but one targeted at corruption.