Thursday 29 Jul 2010
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Millenium Challenge Corporation and Cabo Verde

Cape Verde meets all the conditions to compete for the second single from the bottom of Millenniun Challenge Corporation. The positive note is higher than the other countries in its category in the international review process, to test the eligibility of countries to fund the MCC could open the door to the second single. header-signature

The Minister of Foreign Affairs and Cooperation Jose Brito communities received a delegation composed of the North American ambassador of the United States Marianne Myles and Director of MCC Stahis Panagides a meeting which was used to analyze the new grading scale, which puts Cape Verde in a privileged position for access to the second single

Ambassador of the United States Marianne Myles believes that Cape Verde is well placed to achieve this objective. "Cape Verde has made significant progress and is now with all the necessary signals in the green left and now await the decision of the Board. The situation is favorable for Cape Verde

However, the Foreign Minister of Cape Verde showing some caution, considering that right now there are many requests for funds by the least developed countries and that there is great pressure from American society in order to give priority to these countries LDCs:

The first decision on this application form for Cape Verde to the second MCC Compact Fund will be known on December 9, at the next meeting of the Board of Millenniun Challenge Corporation, to be held in Washington.

Check more about the MCC here.

 

 

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