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Deputy Chief of Mission a.i Craig Anderson, MCC Country Director Gene MacDonald, Ambassador Nolan, MCC Deputy Country Director Brian Baltimore and Mrs. Nolan just before the EIF Launch |
MCA-Lesotho Entry Into Force (EIF) Launch
Prime Minister Pakalitha Mosisili officiated at the ceremony to mark the launch of the Millennium Challenge Account Authority – Lesotho (MCA-L) Compact Entry Into Force (EIF) phase. During this phase, a country must establish and staff an Accountable Entity which will be responsible for the implementation of the Compact activities, develop the proper systems for financial control and oversight, finalize the post-Compact legal documentation requirements, and conclude detailed project planning.
The Millennium Challenge Corporation (MCC) and the Kingdom of Lesotho signed a five-year, $362.6 million Compact to reduce poverty and increase economic growth. In January 2008, the Millennium Challenge Account Authority – Lesotho (MCA-L) was established to be the “Accountable Entity”, meaning the legal entity designated by the Government to implement the Program on behalf of the Government during the Compact term.
This ceremony took place on the 18th of September 2008, at the Manthabiseng Convention Centre. Present at the ceremony were government Ministers, the Diplomatic Corps, and participants from the Implementation Workshop.