The Board of Directors of the Millennium Challenge Corporation (MCC), a United States government foreign aid agency, met in Washington, DC on December 10 and voted to reselect Lesotho to continue developing its second Compact.
The MCC Board’s decision to re-select Lesotho was based on the country’s strong performance on the MCC scorecard, on which it passed 17 of 20 indicators, and its success in implementing the first MCC Compact. Re-selection means Lesotho is eligible to continue to develop a second Compact. The Compact development process is expected to be completed in 2016.
The US Government welcomes the progress Lesotho has made toward resolving its political and security challenges. MCC will continue to follow closely political developments in Lesotho, and expects the government to continue to fulfil the commitments made in the Maseru Facilitation Declaration and the Maseru Security Accord in order to restore accountable governance, rule of law, and political stability.
Lesotho implemented the first Compact, valued at US$362.55 million, from 2008 to 2013. The first Compact supported projects in the water and health sectors as well as in private sector development.