Tag:
Millennium Challenge Corporation
Government
Belize loses US$125 million Millennium Challenge Corporation grant
In September 2024, the Government of Belize (GOB) and the Millennium Challenge Corporation (MCC), a United States government agency, announced the signing of a five-year, $125 million grant agreement to invest in education and energy in the country. Fast-forward to April 2025, with a new American administration in place, the MCC has reportedly been shut down, leading to the cancellation of the multimillion-dollar grant.
Government
Government of Belize and the Millennium Challenge Corporation Sign Five-Year US$125 Million Grant Agreement
The Government of Belize and the Millennium Challenge Corporation (MCC), a U.S. government agency, signed a five-year US$125 million Grant Agreement for investment in education and energy in Belize. Prime Minister Hon. John Briceño signed on behalf of the Government of Belize, and CEO Mrs. Alice Albright signed for MCC.
Government
Government of Belize and the Millennium Challenge Corporation Sign Grant Agreement for Compact Development Funding
The Government of Belize and the Millennium Challenge Corporation (MCC), a U.S. government agency, signed a Compact Development Funding Grant Agreement on March 1st, 2023. Prime Minister Hon. John Briceño signed on behalf of the Government of Belize and Jonathan Brooks, Deputy Vice President of Europe, Asia, Pacific, and Latin America, signed for MCC. U.S. Ambassador Michelle Kwan and Ministry of Economic Development CEO Dr Osmond Martinez also attended the signing ceremony.
Government
High-Level Delegation Meets with Multilateral Development Banks, U.S. Government Agencies and Canadian Government Officials
Hon. Christopher Coye, Minister of State, Ministry of Finance, Economic Development and Investment, led a high-level delegation of Belizean officials to Washington, D.C., from April 19 to 22, 2022, for a series of meetings with senior representatives from the International Monetary Fund (IMF), the World Bank, the Inter-American Development Bank (IDB), the Millennium Challenge Corporation (MCC) and the U.S. Development Finance Corporation (DFC). The delegation also met with senior representatives from the U.S. Treasury and the Office of Comptroller of Currency and held a bilateral meeting with Hon. Harjit S. Sajjan, Canada’s Minister of International Development.
Government
Millennium Challenge Corporation CEO Visits Belize to Discuss U.S. Grant Program
A delegation from the U.S. government’s Millennium Challenge Corporation (MCC) led by Chief Executive Officer Alice Albright departed Belize on March 17th after a productive visit to introduce the agency’s development grant program – an MCC compact.
Business & Economy
Belize to benefit with millions from foreign aid to help micro, small and medium enterprises
Belize could see between $US200 and $US500 million in grant funding from an independent United States Government foreign aid agency called Millennium Challenge Corporation (MCC). This funding, expected in 2023, would aid the nation’s economic development and last for five years.
Government
Belize Selected for Five-Year U.S. Grant to Help Alleviate Poverty
On December 14, the U.S. Government-funded Millennium Challenge Corporation (MCC) selected Belize for a five-year grant to fund local programs aimed at reducing poverty and stimulating economic growth. As one of MCC’s two newest partner countries, Belize will develop and lead its own projects’ design and implementation based on self-identified economic priorities.
