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US to Provide USD649 Million to Boost Indonesia's Infrastructure

Economics editor Wahyu Dwi Anggoro
30/07/2024 16:55 WIB
Millennium Challenge Corporation (MCC) CEO Alice Albright visited Indonesia.
US to Provide USD649 Million to Boost Indonesia's Infrastructure. (Foto: State Dept)
US to Provide USD649 Million to Boost Indonesia's Infrastructure. (Foto: State Dept)

The grant follows a USD55 million Threshold Program in 2006 that implemented a national immunization strategy, built the capacity of health care workers, and reduced corruption. This was followed by the USD474 million MCC-Indonesia Compact focused on improving public procurement, clean energy deployment, and nutrition, which concluded in 2018.

MCC is an independent US 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. (Wahyu Dwi Anggoro)

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