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Far more than in traditional aid programs, the new program, known as the Millennium Challenge Account, will demand that recipient states be accountable for the American tax dollars they spend.
"The Millennium Challenge Account will fund select, top-performing countries.
We've also changed the way we deliver aid by launching the Millennium Challenge Account.
The Millennium Challenge Account and the AIDS fund can serve as models for future reforms in foreign aid, he said.
Mr. Bush has announced a $5 billion "Millennium Challenge Account," new grants to poor countries with good governments.
In 2002, he did set up a Millennium Challenge Account, which was supposed to direct money to developing nations.
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It sounded a lot like his great plans for the Millennium Challenge Account.
He stressed that support from the Millennium Challenge Account (MCA) Threshold Program has assisted the PCB immensely with training prosecutors and investigators.
Another excellent U.S. aid program, the Millennium Challenge Account, nudges countries toward better governance — yet a stingy and myopic Congress is balking at funding it.
Instead of Sachs's monumental grand push to end poverty, the Bush administration has devised the Millennium Challenge Account, which is not dismissed by Sachs, but not heralded either.
The budget gives a considerable increase to the Millennium Challenge Account, a new development program that offers financial incentives to countries that adopt political, economic and social policies considered to be sound.
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