[Congressional Record Volume 170, Number 14 (Thursday, January 25, 2024)]
[Extensions of Remarks]
[Page E76]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




     RECOGNIZING THE 20TH ANNIVERSARY OF THE MILLENNIUM CHALLENGE 
                              CORPORATION

                                 ______
                                 

                            HON. ADAM SMITH

                             of washington

                    in the house of representatives

                       Thursday, January 25, 2024

  Mr. SMITH of Washington. Mr. Speaker, I rise today to recognize the 
work of the Millennium Challenge Corporation on the occasion of its 
20th anniversary.
  Established by Congress in 2004, the Millennium Challenge Corporation 
has had tremendous success reducing poverty, building sustainable 
economic growth, and promoting good governance in lower income 
countries.
  Over the past two decades, MCC has invested nearly $17 billion in 86 
projects across 50 countries, delivering results for over a quarter 
billion people in sectors including agriculture, energy, health care, 
transportation, and education. MCC's data driven, evidence-based 
approach to foreign assistance is a vital model to address the 
challenges of our times. The agency's focus on results paired with 
rigorous transparency, and oversight standards ensures we are investing 
in the most effective solutions in partner countries that share our 
values.
  These efforts not only improve people's lives and promote stability, 
resilience, and growth, but also crucially advance U.S. global 
development priorities and national security goals. As geopolitical and 
social challenges around the world continue to evolve, it is essential 
to recognize the value investments in programs that build resilient 
communities and promote poverty reduction have on our national 
security.
  Mr. Speaker, I commend the incredible work of the Millennium 
Challenge Corporation for the last 20 years and look forward to its 
continued success.

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