Will the Millennium Challenge Account Be Caught in the Crosshairs? A Critical Year for Full Funding

Publication Date: March 2007

Publisher: Center for Global Development; Center for Global Development

Author(s): Sheila Herrling; Sarah Rose; Sheila Herrling; Sarah Rose

Research Area: International relations

Type:

Abstract:

As Congress gears up to allocate some $36 billion in the international affairs budget across a multitude of foreign aid programs, CGD senior policy analyst Sheila Herrling and research assistant Sarah Rose ask whether the MCA should receive the full $3 billion requested by the president for the initiative. The authors applaud the MCA as one of the few U.S. foreign aid programs specifically dedicated to long-term global growth and poverty reduction and argue that reduced funding could jeopardize its core credibility.