A delegation from the Millennium Challenge Corporation (MCC), an independent agency of the United States government, has arrived in Fiji for a week-long visit focused on advancing discussions regarding a potential development compact. This significant visit follows Fiji’s recent selection by the MCC Board as eligible for compact development, signaling a strong commitment to progress and collaboration.
The MCC is known for providing time-bound grants to countries that demonstrate a strong commitment to good governance, economic freedom, and investment in their citizens. Its compacts are structured to support initiatives that foster sustainable economic growth, while also addressing key social and developmental challenges.
Leading the delegation, Ryan Johnson has plans to engage with various stakeholders, including government ministries, civil society organizations, and representatives from the private sector. The goal is to identify the binding constraints to economic growth in Fiji. The insights gained from these discussions will inform the design of a compact program intended to enhance livelihoods, reduce poverty, and create opportunities within local communities.
Minister for Finance, Commerce, and Business Development, Esrom Immanuel, welcomed the MCC delegation warmly, expressing gratitude to both the United States Government and MCC for selecting Fiji for this opportunity. If the compact is successfully developed, it is expected to target initiatives that will directly benefit the Fijian people, such as improved access to education and healthcare, as well as support for local businesses and job creation.
Stakeholders are optimistic about the potential impact of this program, noting that it could play a crucial role in poverty reduction and advancing human development across the nation. The collaboration between Fiji and the MCC signifies a hopeful step towards sustainable development and economic empowerment for the Fijian people.
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