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Wednesday, June 13, 2012

Malawi’s dramatic turn of events: Enough to lift MCC suspension? | www.malawitoday.com

Malawi’s dramatic turn of events: Enough to lift MCC suspension? | www.malawitoday.com: "Malawi’s dramatic turn of events: Enough to lift MCC suspension?
12 June 2012 By Sarah Jane Staats CENTER FOR GLOBAL DEVELOPMENT

The Millennium Challenge Corporation (MCC) board of directors suspended Malawi’s $350 million compact in March. Fast forward three months: Malawi has a new president—Joyce Banda—who is moving quickly to improve the country’s governance and economy. The MCC’s June board meeting was expected to be about terminating Malawi’s compact; instead, it will be about whether to lift the compact suspension. And Banda will be in Washington this weekend to make her case to the MCC and other parts of the U.S. government. My view: signals are positive, but the MCC should be patient."

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