MCC - Millennium Challenge Corporation

07/16/2024 | Press release | Distributed by Public on 07/16/2024 08:08

MCC Tops the World's Most Transparent Bilateral Development Donor, Again

WASHINGTON (July 16, 2024) - Publish What You Fund (PWYF) released its 2024 Aid Transparency Index today. For the third Index in a row, the U.S. government's Millennium Challenge Corporation (MCC) is ranked as the world's most transparent bilateral agency and this year, third among major international development organizations, underscoring MCC's commitment to transparent operations, public accountability, and data-driven decision-making.

PWYF also ranked MCC as the most transparent U.S. development agency for the ninth consecutive time since the Index was first piloted in 2011.

"Transparency and accountability have been fundamental MCC values since our inception in 2004. By sharing evaluations, underlying data, and program information, we not only show the impact of MCC's programs, but learn publicly for future investments," said Alicia Phillips Mandaville, MCC's Vice President for Policy and Evaluation. "Our demonstrated commitment to publicly accessible data - including lessons learned - is also a practical part of how MCC operationalizes accountability, country ownership, and respect."

PWYF is an independent, non-government organization. The Aid Transparency Index is the only independent measure of aid transparency among the world's major development agencies. The biannual Index tracks and measures donors' progress toward transparency and incentivizes these organizations to progressively increase and improve the aid and development information made available.

The Millennium Challenge Corporation is an independent U.S. government development agency working to reduce global poverty through economic growth. Created in 2004, MCC provides time-limited grants that pair investments in infrastructure with policy and institutional reforms to countries that meet rigorous standards for good governance, fighting corruption and respecting democratic rights.

###