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| MCC Eligible (FY 2009) |
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| Barbados
(Text) |
| No |
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| Notes and Sources: Show | Hide |
Notes: Represents countries eligible to apply for assistance from the U.S. Government Millennium Challenge Corporation (MCC), which includes countries that are compact assistance eligible and countries currently receiving compact assistance. Compact assistance helps countries to reduce poverty and stimulate economic growth based on a set of indicators. Candidate countries are selected by the MCC Board of Directors on an annual basis. To be eligible to apply for compact assistance, countries are assessed according to a series of criteria and then reviewed by the MCC Board for final eligibility selection. Compact eligible countries must be those that are determined to "rule justly, invest in their people, and encourage economic freedom".
Countries that do not yet qualify for compact assistance may be eligible for threshold program assistance. Threshold programs are smaller grants designed to help improve performance on specific indicators; countries that improve their performance may become eligible for Compact Assistance. Countries eligible for threshold program assistance or those that receive threshold program assistance only are not included in the list above.
In 2009, Honduras' compact ended and Ukraine was removed from compact assistance eligibility.
Definitions: The Millennium Challenge Corporation (MCC): Administers the Millennium Challenge Account (MCA), a U.S. government initiative which provides development assistance to eligible countries. The MCC is a government corporation with a Board of Directors, and is chaired by the Secretary of State.
Sources: U.S. Government, Millennium Challenge Corporation, available at: http://www.mcc.gov/countries/index.php.
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