Supporting the continued work of the Millennium Challenge Corporation as it celebrates the 20th anniversary of its creation.

This resolution congratulates the Millennium Challenge Corporation (MCC) on 20 years of reducing global poverty by delivering economic growth and recognizes that the MCC contributes directly to the national interests of the United States. (The MCC is an independent federal agency that provides economic assistance to developing nations that show positive performance in the areas of democratic governance, economic freedom, and investment in their population.)

 

Bill 118 HRES 880, also known as the Supporting the continued work of the Millennium Challenge Corporation as it celebrates the 20th anniversary of its creation, is a piece of legislation that aims to recognize and support the efforts of the Millennium Challenge Corporation (MCC) as it marks its 20th year of existence.

The MCC is an independent US foreign aid agency that was established in 2004 with the goal of reducing poverty and promoting economic growth in developing countries through the use of grants for projects that focus on good governance, economic freedom, and investments in people. The agency has been successful in implementing programs that have had a positive impact on the lives of millions of people around the world.

The bill acknowledges the important work that the MCC has done over the past two decades and expresses support for its continued efforts to promote sustainable development and poverty reduction in partner countries. It also recognizes the importance of maintaining the MCC's independence and transparency in its operations. Overall, Bill 118 HRES 880 is a bipartisan effort to show appreciation for the work of the Millennium Challenge Corporation and to encourage continued support for its mission of promoting economic growth and poverty reduction in developing countries.