For Immediate Release
Office of the Press Secretary
September 30, 2004
Statement by the Press Secretary
Today the Millennium Challenge Corporation (MCC) designated seven
countries as eligible for its 2004 Threshold Program, enabling them to
apply for grants designed to help countries qualify for the Millennium
Challenge Account (MCA). The President welcomes Albania, East Timor,
Kenya, Sao Tome, Tanzania, Uganda, and Yemen to participate in the MCA
Threshold Program. They have demonstrated a significant commitment to
improving policies in the areas of ruling justly, investing in people,
and promoting economic freedom. The President looks forward to seeing
them develop a productive partnership with the MCC that leads toward
achieving MCA standards, and, more important, accelerated progress in
poverty reduction and economic growth.
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