Saturday, January 8, 2011

Zambia eligible to receive funding from the millennium challenge corporation

THE MILLENNIUM CHALLENGE CORPORATION (MCC) BOARD OF DIRECTORS HAS ANNOUNCED THAT ZAMBIA IS AMONG TWO OTHER ELIGIBLE COUNTRIES THAT WILL CONTINUE THE PROCESS OF DEVELOPING COMPACTS WITH A POSSIBILITY OF SIGNING THIS YEAR.
A STATEMENT RELEASED TO THE ZAMBIAN EMBASSY IN WASHINGTON DC, BY THE MCC, STATES THAT CAPE VERDE AND INDONESIA WILL ALSO JOIN ZAMBIA IN THIS PROCESS.
ZAMBIA’S AMBASSADOR TO THE USA, MRS. SHEILA SIWELA SAYS SHE LOOKS FORWARD TO THE SPEEDY FINALISIZATION OF THE PROCESS SO THAT ZAMBIA COULD QUALIFY FOR THE GRANT ASSISTANCE FOR THE TWO PROJECTS UNDER CONSIDERATION.
THE TWO PROJECTS UNDER CONSIDERATION ARE THE TRANSFORMATION OF THE GREATER KAFUE NATIONAL PARK INTO AN ECHO -TOURISM AREA AND THE EAGERLY AWAITED OVERHAUL OF THE LUSAKA WATER SUPPLY AND SANITATION AND DRAINAGE SYSTEM.
SHE SAID THEY WILL CONTINUE TO EXTENSIVELY ENGAGE WITH ALL THE PARTNERS IN THE MCC SO AS TO ATTAIN THIS OBJECTIVE.
RECENTLY, THE MILLENNIUM CHALLENGE CORPORATION RELEASED A COUNTRY BY COUNTRY REPORT ON POLICY PERFORMANCE OF 84 DEVELOPING COUNTRIES THAT WERE CANDIDATES FOR GRANT ASSISTANCE FROM MCC IN THE FISCAL YEAR 2011.
ZAMBIA’S PERFORMANCE HAS SINCE SHOWN STEADY PROGRESS IN THE LAST THREE YEARS.
THIS IS ACCORDING TO A NEWS STATEMENT OBTAINED BY RADIO PHOENIX FROM THE FIRST SECRETARY FOR PRESS AT THE ZAMBIAN MISSION IN WASHINGTON DC, BEN KANGWA.
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