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Blog Post
June 28, 2022
But to the extent the overall foreign assistance system is poorly managed to deliver, it is worth looking at who bears responsibility for those failures. The answer, surely, is the institutions implementing the programs—the ones who buy the goods and services ultimately purchased with US funding. It...
Blog Post
June 13, 2022
This week, the House Foreign Affairs Committee turns its attention to the resourcing needs of the Millennium Challenge Corporation and US International Development Finance Corporation—two agencies that fill distinct functions within the US development architecture. We’ll be listening for lawmakers’ ...
Blog Post
May 11, 2022
On May 12, the White House will co-host the Second Global COVID-19 Summit—alongside the governments of Belize, Germany, Senegal, and Indonesia. The (virtual) convening comes more than seven months after a US-organized meeting last September that was intended to spur global action to bring an end to ...
BRIEFS
April 29, 2022
With the COVID-19 pandemic hitting government balance sheets especially hard in low-income countries, the World Bank’s shareholders—including the United States—agreed to an advance replenishment of its grant and low-interest loan window, the International Development Association (IDA). By holding a ...
Blog Post
April 07, 2022
The Millennium Challenge Corporation (MCC) has earned a reputation for its strong focus on results, which informs everything from country selection to the robust evaluation of project impacts. One of the bedrocks of MCC’s results orientation is its requirement that its projects achieve high economic...
Blog Post
March 31, 2022
The effort to recycle unneeded SDRs from wealthy countries to poor countries was dealt a major setback in an omnibus spending deal recently passed by the US Congress. The final measure failed to include language authorizing the US Treasury to recycle 15 billion SDRs, worth about $21 billion, to the ...