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MCC Compact Funding Tops $2.5 Billion With Mali Approval

By
Sheila Herrling
October 30, 2006

Last Friday, the MCC Board approved a $461 million compact to Mali, half of which funds an irrigation project in the Alatona region. The remaining funds go toward rehabilitating the aiport, with an asociated industrial park.With the approval of Mali, the Board has now approved ten compacts totaling over $2.5 billion. El Salvador's estimatd $460 million compact is expected to be approved at the November 8th Board meeting.

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