Ghana has been selected as one of the countries in West Africa to be beneficiaries of another Compact programme from the Millennium Challenge Corporation, MCC.
The Regional Compact Programme, will be used for the construction of large-scale, cross-border infrastructural projects in a pool of countries in West Africa, of which Ghana will be a beneficiary.
The Acting Vice President of the Millennium Challenge Corporation made this known in Accra when she paid a courtesy call on President Akufo-Addo, at the Jubilee House.
Describing the Regional Compact Programme as “a Christmas present”, Ms. Kim noted that the MCC was recently awarded the legislative authority to enter into concurrent regional compacts.
With Cabinet having approved the ECG Concession programme successfully, she added that the selection of Ghana to be a beneficiary of the Regional Compact Programme is a big reward.
On the ECG Concession Programme, Ms. Kim expressed the appreciation of the MCC to President Akufo-Addo for his personal engagement and leadership throughout the process, and for seeing it through, resulting in the release of the 190 million dollar tranche for the Compact.
