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Millennium Challenge ends five-year Salvador compact

Monday, October 8, 2012

The Millennium Challenge Corporation is now wrapping up a $461 million investment in El Salvador under a five-year “compact,” or partnership, that officially ended last month.

Under the MCC model, countries submit proposals for funding; once accepted, participating countries have to continue to meet stringent requirements around democratic governance and economic freedoms to remain eligible.

Growers say they are expecting a visit by US officials flying in from Washington next week to mark the end of the compact.

Source: Christian Science Monitor