Highlights

Morocco -Millennium Challenge Corporation (MCC): Eligibility of the Kingdom to a second Compact of the Millennium Challenge Account (MCA) : 20/11/2013

Morocco -Millennium Challenge Corporation (MCC): Eligibility of the Kingdom to a second Compact of the Millennium Challenge Account (MCA)

The eligibility of Morocco to a second Compact of the Millennium Challenge Account (MCA), of the Millennium Challenge Corporation (MCC) , demonstrates the international institutions’ trust in the Kingdom for the implementation of such programs , stated , Wednesday, November 20th 2013 in Washington, the Minister of Economy and Finance, Mr. Mohamed BOUSSAID .

In a press release following a meeting with Mr. Daniel Yohannes, CEO of MCC, Mr. Boussaid noted that the eligibility of Morocco to a second Compact also reflects the " high credibility " of the Kingdom and is " a strong message" sent from these international institutions to support Morocco in its development and its constant efforts to social upgrading and overcome social and regional disparities.

Mr. Boussaid argued that the success of the first compact “gives satisfaction” .It represents "a reason to continue our work in order to ensure the success of the 2nd Compact”

MCA- Morocco program is the agreement signed between Morocco and the Millennium Challenge Corporation, a U.S. body that assists developing countries, on August 31st 2007 in Tetouan, under the chairmanship of His Majesty the King.