Millennium Challenge Corporation — an agency that promotes economic growth in poor countries — has been effectively shut down ...

Elon Musk's DOGE is ending the work of a U.S. aid agency launched by George W. Bush to reduce poverty and promote economic ...

Millennium Challenge Corporation staff members were offered early retirement or deferred resignation in the latest effort by ...

The George W. Bush administration launched MCC in 2004, and issues grants to countries it determines have potential for economic growth.

The Department of Government Efficiency (DOGE) is working to effectively shutter the Millennium Challenge Corporation (MCC), ...

DOGE representatives arrived at the agency, which is located in Washington, D.C., on April 14, quickly gaining access to ...

No clarity, but the worry is projects could be slashed. PM’s adviser says Nepal will ask the US to reconsider decision.

Nepal had initially agreed to contribute $197 million to complement the $550 million U.S. grant under the MCC compact. With ...

The administration of U.S. President Donald Trump ordered the closure of the American agency Millennium Challenge Corporation ...

Highly active in Africa and focused on funding infrastructure, the Millennium Challenge Corporation (MCC), a United States ...

The agency is offering voluntary early retirement or deferred resignations to its 320 employees and planning to terminate grants to developing countries around the world.