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Burkina Faso: Millennium Challenge Corporation and the Government to Sign $480.9 Million Millennium Challenge Compact


 

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United States Millennium Challenge Corporation (Washington, DC)

PRESS RELEASE
14 July 2008
Posted to the web 14 July 2008

Secretary of State Condoleezza Rice, Chair of the Board of the Millennium Challenge Corporation (MCC), will give remarks at the signing of the Millennium Challenge Compact between the United States and Burkina Faso on Monday, July 14, 2008, at 10:30 a.m., in the Benjamin Franklin Room at the Department of State.

The $480.9 million Compact will be signed by MCC Chief Executive Officer Ambassador John Danilovich and Burkinabe Minister of Finance Jean-Baptiste Marie Pascal Compaoré.

Millennium Challenge Corporation, a United States government corporation designed to work with some of the poorest countries in the world, is based on the principle that aid is most effective when it reinforces good governance, economic freedom, and investments in people that promote economic growth and elimination of extreme poverty. For more information regarding MCC programs please visit www.mcc.gov.


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