Ghana earns 2nd MCA Compact through its commitment to fighting corruption Ghana’s commitment to fighting corruption, giving exemplary leadership and maintaining good governance structures convinced the United States of America (USA) to make it a beneficiary of the second batch of funds disbursed under the Millennium Challenge Account (MCA), the US Ambassador to Ghana, Mr. Gene A. Certz, has disclosed. The countrys status as a beneficiary of the second compact of the MCA was very rare, the ambassador said, but explained that it was due to the confidence his country had in Ghanas current leadership style. The MCA compact is a very serious endeavour because the focus has been on private and public sector money and they are very careful that there are no cost overruns or anything like that. Now, the reason that Ghana got the second compact, which is very rare, is because we now have confidence and faith in the people who govern here and the whole process that those projects can be done and be done without corruption and they can be done in a time-phase manner that satisfies both sides, Ambassador Cretz said to a visiting business delegation from the US City of Wichita. The second compact is US$498 million and was signed for earlier this month. The delegation was made up of business people from aviation, education and trade, among others, who are here to explore business opportunities in the country as well as find local partners.
Posted on: Fri, 03 Oct 2014 09:31:38 +0000