International Assistance Programs

By Government Printing Office

Book Id: WPLBN0000131111
Format Type: PDF eBook
File Size: 0.4 MB
Reproduction Date: 2005

Title:	International Assistance Programs
Author:	Government Printing Office
Volume:
Language:	English
Subject:	Government publications, Legislation., Economic & political studies
Collections:	Government Library Collection, Government Printing Office
Historic Publication Date:
Publisher:	Government Printing Office


Citation APA MLA Chicago Office, G. P. (n.d.). International Assistance Programs. Retrieved from http://gutenberg.cc/

Description
Government Reference Publication

Excerpt
Excerpt: For necessary expenses for the “Millennium Challenge Account,” $1, 300, 000, 000, to remain available until expended: Provided, That the availability of such amounts is contingent upon enactment of authorization. Program and Financing (in millions of dollars) Identification code 95-2750-2-1-151 2002 actual 2003 est. 2004 est. Obligations by program activity: 00.01 Country Programs ... 775 00.02 Administrative Expenses ... 25 10.00 Total new obligations ... 800 Budgetary resources available for obligation: 22.00 New budget authority (gross) ... 1, 300 23.95 Total new obligations ... Y800 24.40 Unobligated balance carried forward, end of year ... 500 New budget authority (gross), detail: Discretionary: 40.00 Appropriation ... 1, 300 Change in obligated balances: 73.10 Total new obligations ... 800 73.20 Total outlays (gross) ... Y650 74.40 Obligated balance, end of year ... 150 Outlays (gross), detail: 86.90 Outlays from new discretionary authority ... 650 Net budget authority and outlays: 89.00 Budget authority ... 1, 300 90.00 Outlays ... 650 At the Inter-American Development Bank on March 14, 2002, President Bush called for “A new compact for global development, defined by new accountability for both rich and poor nations alike. Greater contributions from developed nations must be linked to greater responsibility from developed nations.” The President pledged that the United States would lead by example and increase its core development assistance by 50 percent over the next three years. These increased funds will go into a new Millennium Challenge Account (MCA). Because sound policies are an essential condition of development, the President announced that the MCA will be “devoted to projects in nations that govern justly, invest in their people and encourage economic freedom.” The MCA will be administered by a new government corporation designed to support innovative strategies and to ensure accountability for measurable results. This small independent agency will be supervised by a Board of Directors composed of Cabinet level officials and chaired by the Secretary of State. The CEO of the Millennium Challenge Corporation will be nominated by the President and confirmed by the Senate. Personnel will be drawn from a variety of government and non-government agencies and will serve limited- term appointments. The Corporation will be designed to make maximum use of flexible authorities to optimize efficiency in contracting, program implementation, and personnel. Selection of specific countries will be based on a set of criteria that will, as stated by President Bush, “reward nations that root out corruption, respect human rights, and adhere to the rule of law . invest in better health care, better schools and broader immunization . (and) have more open markets and sustainable budget policies .” Given the link between financial accountability and success, countries failing to achieve a passing score on the corruption indicator will be ineligible, absent material change in their circumstances. During 2004, the first year of MCA operation, it is anticipated that only countries eligible to borrow from the International Development Association and which have per capita incomes below $1, 435 will be considered for selection. By 2006, it is anticipated that country eligibility will be broadened to include all countries with per capita incomes up to $2, 975, the current World Bank cutoff for lower middle income countries. Object Classification (in millions of dollars) Identification code 95-2750-2-1-151 2002 actual 2003 est. 2004 est. 11.1 Personnel compensation: Full-time permanent ... 5 12.1 Civilian personnel benefits ... 1 21.0 Travel and transportation of persons ... 2 23.2 Rental payments to others ... 2 23.3 Communications, utilities, and miscellaneous charges ... 1 25.2 Other services ... 12 26.0 Supplies and materials ..

Table of Contents
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