January 1, 2008-March 31, 2008 Quarterly Report

Federal Register, May 07, 2008 (Nbr. Vol. 73, No. 89)

Notices - Millennium Challenge Corporation
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Federal Register: May 7, 2008 (Volume 73, Number 89)

Notices

Page 25775-25783

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

DOCID:fr07my08-121

MILLENNIUM CHALLENGE CORPORATION

MCC FR 08-05

Notice of Quarterly Report (January 1, 2008-March 31, 2008)

AGENCY: Millennium Challenge Corporation.

SUMMARY: The Millennium Challenge Corporation (MCC) is reporting for the quarter January 1, 2008 through March 31, 2008 with respect to both assistance provided under Section 605 of the Millennium Challenge Act of 2003 (Pub. L. 108-199, Division D (the Act)), and transfers or allocations of funds to other federal agencies pursuant to Section 619(b) of the Act. The following report shall be made available to the public by means of publication in the Federal Register and on the

Internet Web site of the MCC (http://www.mcc.gov) in accordance with

Section 612(b) of the Act.

Assistance Provided Under Section 605

Cumulative

Projects

Obligated

Objectives

disbursements

Measures

Country: Madagascar Year: 2008 Quarter 2 Total obligation: $109,773,000

Entity to which the assistance is provided: MCA Madagascar Total quarterly disbursement: $6,378,369

Land Tenure Project..............

$37,802,712 Increase Land

$9,489,400 Legislative proposal

Titling and

reflecting the National

Security.

Land Tenure Program submitted to Parliament and passed.

Number of land disputes reported and resolved in the target zones and sites of implementation.

Percentage of land documents inventoried, restored, and/or digitized.

Average time and cost required to carry out property transactions.

Percent of reported land conflicts resolved on titled land in zone 3, 4, 5 during the title regularization operations.

Percentage of land in the zones that is demarcated and ready for titling.

Finance Project..................

35,688,288 Increase

4,456,685 The number of savings

Competition in the

accounts and

Financial Sector.

outstanding value of accounts from primary banks.

Maximum check clearing delay.

Volume of funds in payment system and number of transactions.

Increased public awareness of new financial instruments as measured by surveys within intervention zones and large towns.

The amount of government debt issued with maturities in excess of 52 weeks.

The number of new individual investors buying government debt securities.

The number of bank branches of the Central

Bank of Madagascar capable of accepting auction tenders.

Percentage of all loans included in the central database.

Agricultural Business Investment

17,683,000 Improve

7,217,240 Number of rural

Project.

Agricultural

producers receiving or

Projection

soliciting information

Technologies and

from Agricultural

Market Capacity in

Business Centers about

Rural Areas.

the opportunities.

Intervention zones identified and description of beneficiaries within each zone submitted.

Number of visitors receiving information from National

Coordinating Center with respect to business opportunities.

Change in farm income due to improved production and marketing practices.

Change in enterprise income due to improved production and marketing practices.

Number of farmers and businesses employing technical assistance received.

Program Administration* and

18,399,000 ...................

8,544,664

Control, Monitoring and

Evaluation.

Pending subsequent reports**.....

...................

-599,355

Page 25776

Cumulative

Projects

Obligated

Objectives

disbursements

Measures

Country: Honduras Year: 2008 Quarter 2 Total obligation: $215,000,000

Entity to which the assistance is provided: MCA Honduras Total quarterly disbursement: $4,111,178

Rural Development Project........

$70,687,000 Increase the

$13,888,166 Increase in farm income productivity and

resulting from Rural business skills of

Development Project. farmers who

Funds lent by MCA- operate small- and

Honduras to financial medium-size farms

institutions. and their

Increase in employment employees.

income resulting from

Rural Development

Project.

Number of Program farmers harvesting high- value horticulture crops.

Number of hectares harvesting high-value horticulture crops.

Transportation Project...........

127,208,000 Reduce

2,978,662 Freight shipment cost transportation

from Tegucigalpa to costs between

Puerto Cortes. targeted

Price of basic food production centers

basket. and national,

Number of days per year regional and

road is passable. global markets.

Program Administration * and

17,105,000 ...................

2,961,084

Control, Monitoring and

Evaluation.

Pending subsequent reports**..... .............. ...................

-791,608

Cumulative

Projects

Obligated

Objectives

disbursements

Measures

Country: Cape Verde Year: 2008 Quarter 2 Total obligation: $110,078,488

Entity to which the assistance is provided: MCA Cape Verde Total quarterly disbursement: $3,657,327

Watershed and Agricultural

$10,848,630 Increase

$2,042,500 Increase in

Support.

agricultural

horticultural production in

productivity. three targeted

Increase in annual watershed areas on

income. three islands.

Value-added for farms and agribusiness.

Infrastructure Improvement.......

78,760,208 Increase

8,252,439 Volume of goods shipped integration of the

between Praia and other internal market

islands. and reduce

Mobility Ratio: transportation

Percentage of costs.

beneficiary population who take at least 5 trips per month.

Savings on transport costs from improvements.

Private Sector Development.......

7,200,000 Spur private sector

113,890 Value added in priority development on all

sectors above current islands through

trends. increased

Volume of private investment in the

investment in priority priority sectors

sectors above current and through

trends. financial sector reform.

Program Administration * and

13,269,650 ...................

4,428,462

Control, Monitoring and

Evaluation.

Pending subsequent reports **.... .............. ...................

2,206,857

Cumulative

Projects

Obligated

Objectives

disbursements

Measures

Country: Nicaragua Year: 2008 Quarter 2 Total obligation: $175,000,000

Entity to which the assistance is provided: MCA Nicaragua Total Quarterly Disbursement: $ 5,476,511

Property Regularization Project..

$26,400,000 Increase Investment

$2,927,021 Value of investment on by strengthening

land. property rights.

Value of urban land.

Value of rural land.

Number of days to conduct a land transaction.

Total cost to conduct a land transaction.

Transportation Project...........

92,800,000 Reduce

5,747,905 Price of a basket of transportation

goods. costs between Leon

Travel Time. and Chinandega and national, regional and global markets.

Rural Business Development

33,500,000 Increase the value

8,258,440 Annual percentage

Project.

added of farms and

increase in value-added enterprises in the

of clients of business region.

office.

Number of jobs created.

Number of program farm plots harvesting higher- value crops or reforesting under improvement of Water

Supply Activities.

Page 25777

Program Administration,* Due

22,300,000 ...................

6,629,264

Diligence, Monitoring and

Evaluation.

Pending subsequent reports **.... .............. ...................

-3,731,791

Cumulative

Projects

Obligated

Objectives

disbursements

Measures

Country: Georgia Year: 2008 Quarter 2 Total obligation: $295,300,000

Entity to which the assistance is provided: MCA Georgia Total quarterly disbursement: $7,227,528

Regional Infrastructure

$211,700,000 Key Regional

$19,756,033 Reduction in Akhalkalaki-

Rehabilitation.

Infrastructure

Ninotsminda-Teleti

Rehabilitated.

journey time.

Reduction in vehicle operating costs.

Increase in internal regional traffic volumes.

Decreased technical losses in gas through the main North-South pipeline

Reduction in the production of greenhouse gas emissions measured in tons of CO2 equivalent.

Increased collection rate of the Georgian

Gas Company (GOGC).

Number of household beneficiaries served by

Regional Infrastructure

Development projects.

Actual operations and maintenance expenditures.

Regional Enterprise Development..

47,500,000 Enterprises in

6,185,514 Increase in annual

Regions Developed.

revenue in portfolio companies.

Increase in number of portfolio company employees and number of local suppliers.

Increase in portfolio companies' wages and payments to local suppliers.

Jobs created.

Increase in aggregate incremental net revenue to project assisted firms.

Direct household net income.

Direct household net income for market information initiative beneficiaries.

Number of beneficiaries.

Program Administration *, Due

36,100,000 ...................

8,552,935

Diligence, Monitoring and

Evaluation.

Pending subsequent reports **.... .............. ...................

$11,389,101

Cumulative

Projects

Obligated

Objectives

disbursements

Measures

Country: Vanuatu Year: 2008 Quarter 2 Total obligation: $65,690,000

Entity to which the assistance is provided: MCA Vanuatu Total quarterly disbursement: $0

Transportation Infrastructure

$60,615,232 Facilitate

$152,297 Number of Tourists.

Project.

transportation to

Number of days per year increase tourism

road is closed. and business

Number of S-W Bay, development.

Malekula flights cancelled per year due to flooding.

Vessel wait time at wharf.

Program Administration, * Due

5,074,768 ...................

1,786,418

Diligence, Monitoring and

Evaluation.

Pending subsequent reports **.... .............. ...................

67,893

Cumulative

Projects

Obligated

Objectives

disbursements

Measures

Country: Armenia Year: 2008 Quarter 2 Total obligation: $235,650,000

Entity to which the assistance is provided: MCA Armenia Total quarterly disbursement: $3,963,775

Irrigated Agriculture Project

$145,680,000 Increase

$7,414,586 Increase in hectares

(Agriculture and Water).

agricultural

covered by high value productivity.

added horticultural and

Improve Quality of

fruit crops.

Irrigation.

Percentage of respondents satisfied with irrigation services.

Share of Water User

Association water charges as percentage of Water User

Association annual operations and maintenance costs.

Page 25778

Number of farmers using improved on-farm water management practices.

Annual increase in irrigated land in

Project area.

State budget expenditures on maintenance of irrigation system.

Value of loans provided under the project.

Rural Road Rehabilitation Project

67,100,000 Better access to

2,453,964 Government budgetary economic and

allocations for routine social

maintenance of the infrastructure.

entire road network.

Average daily traffic in

Project area.

Kilometers of Package 1 road sections rehabilitated.

Kilometers of Package 2 road sections rehabilitated.

Kilometers of Package 3 road sections rehabilitated.

Program Administration,* Due

22,870,000 ...................

5,562,777

Diligence, Monitoring and

Evaluation.

Pending subsequent reports **.... .............. ...................

-207,073

Cumulative

Projects

Obligated

Objectives

disbursements

Measures

Country: Benin Year: 2008 Quarter 2 Total obligation: $307,298,040

Entity to which the assistance is provided: MCA Benin Total quarterly disbursement: $6,911,600

Access to Financial Services.....

$19,650,000 Expand Access to

$2,375,946 Operational self-

Financial Services.

sufficiency of participating microfinance institutions.

Number of microfinance institutions supervised by the microfinance cellule.

Total incremental increase in value of new credit extended and savings received by financial institutions participating in the project.

Share value of all loans outstanding that have one or more installments of principal over 30 days past due.

Total number of loans guaranteed by land titles per year.

Access to Justice................

34,270,000 Improved Ability of

1,297,304 Number of cases

Justice System to

processed at the

Enforce Contracts

arbitration center. and Reconcile

Percentage of all cases

Claims.

in the ``Tribunal de

Premiere Instance'' courts per year.

Percentage of all cases resolved in court of appeals per year.

Average distance to reach TPI.

Number of enterprises registered through the registration center.

Average number of days required to register an enterprise.

Access to Land...................

36,020,000 Strengthen property

8,277,185 Total value of rights and

additional investments increase

in target rural land investment in

parcels. rural and urban

Total value of land.

additional investments in target urban land parcels.

Access to Markets................

169,447,000 Improve Access to

5,070,264 Total metric tons of

Markets through

exports and imports

Improvements to

passing through Port of the Port of

Cotonou per year.

Cotonou.

Program Administration,* Due

47,911,040 ...................

11,569,831

Diligence, Monitoring and

Evaluation.

Pending subsequent reports **.... .............. ...................

-4,206,496

Page 25779

Cumulative

Projects

Obligated

Objectives

disbursements

Measures

Country: Ghana Year: 2008 Quarter 2 Total obligation: $547,009,000

Entity to which the assistance is provided: MCA Ghana Total quarterly disbursement: $2,066,682

Agriculture Project..............

$240,984,050 Enhance

$5,399,639 Number of hectares profitability of

irrigated. cultivation,

Number of days to services to

conduct a land agriculture and

transaction. product handling

Number of land disputes in support of the

in the pilot expansion of

registration districts. commercial

Registration of land agriculture among

rights in the pilot groups of

registration districts. smallholder farms.

Metric tons of products passing through post- harvest treatment.

Portfolio-at-risk of agriculture loan fund.

Value of loans disbursed to clients from agricultural loan fund.

Number of additional loans.

Vehicle operating costs on minor, medium and major rehabilitated roads.

Rural Development................

101,288,000 Strengthen the

482,804 Time/quality per rural institutions

procurement. that provide

Score card of citizen services

satisfaction with complementary to,

services. and supportive of,

Gross enrollment rates. agricultural and

Gender parity in school agriculture

enrollment. business

Distance to collect development.

water.

Time to collect water.

Distance to sanitation facility.

Travel time to sanitation facility.

Incidence of guinea worm, diarrhea or bilharzias.

Average number of days lost due to guinea worm, diarrhea or bilharzias.

Percentage of households, schools, and agricultural processing plants in target districts with electricity.

Number of inter-bank transactions.

Value of deposit accounts in rural banks.

Transportation...................

141,104,000 Reduce the

87,040 Volume capacity ratio. transportation

Vehicles per hour at costs affecting

peak hour. agriculture

Travel time at peak commerce at sub-

hour. regional levels.

International roughness index.

Annual average daily vehicle and passenger traffic.

Program Administration,* Due

61,632,950 ...................

7,660,087

Diligence, Monitoring and

Evaluation.

Pending subsequent reports **.... .............. ...................

1,877,851

Cumulative

Projects

Obligated

Objectives

disbursements

Measures

Country: El Salvador Year: 2008 Quarter 2 Total obligation: $460,939,996

Entity to which the assistance is provided: MCA El Salvador Total quarterly disbursement: $847,312

Human Development Project........

$91,674,603 Increase human and

$0 Number of students physical capital

enrolled in the of residents of

Chalatenango Center the Northern Zone

functioning as a to take advantage

MEGATEC institute. of employment and

Graduation rate of business

students enrolled in opportunities.

the Chalatenango Center functioning as a

MEGATEC institute.

Number of students enrolled in participating middle technical schools.

Graduation rate of students enrolled in participating middle technical schools.

Number of students enrolled in non-formal training activities.

Graduation rate of students enrolled in non-formal training activities.

Number of households with access to water in the Northern Zone.

Number of households with access to basic sanitation in the

Northern Zone.

Number of households with electricity in the

Northern Zone.

Page 25780

Number of individuals that benefit annually from the strategic infrastructure projects.

Productive Development Project...

84,196,330 Increase production

0 Investment in productive and employment in

chains by selected the Northern Zone.

beneficiaries.

Connectivity Project.............

234,963,039 Reduce travel cost

0 Weighted average of the and time within

International Roughness the Northern Zone,

Index for the with the rest of

rehabilitation of the the country, and

Transnational Highway. within the region.

Weighted average of the

International Roughness

Index for the rehabilitation of the network of connecting roads.

Program Administration * and

50,106,024 ...................

0

Control, Monitoring and

Evaluation.

Pending Subsequent Report **..... .............. ...................

4,882,131

Cumulative

Projects

Obligated

Objectives

disbursements

Measures

Country: Mali Year: 2008 Quarter 1 Total obligation: $460,684,411

Entity to which the assistance is provided: MCA Mali Total quarterly disbursement: $3,520,714

Bamako Senou Airport Improvement

$89,631,177 Establish an

$1,377, 281 Number of weekly flight

Project.

independent and

arrivals and secure link to the

departures. regional and

Average time for global economy.

passengers to complete departures and arrivals procedures.

Industrial Park Project..........

94,353,559 Develop a platform

2,080,155 Occupancy level. for industrial

Average number of days activity to be

required for operator located within the

to connect to

Airport domain.

Industrial Park water and electricity services.

Alatona Irrigation Project.......

234,884,675 Increase the

0 Weighted average of the agricultural

International Roughness production and

Index for the productivity in

rehabilitation of the the Alatona zone

Niono-Goma Coura road. of the ON..

Annual average daily count of vehicles on the Niono-Goma Coura road.

Total amount of land irrigated by the

Project in the Alatona zone.

Average water volume delivered at the farm level in the Alatona zone.

Crop water requirements as a percentage share of water supply at the canal headworks in the

Alatona zone.

Number of 5 and 10 hectare farm plots allocated in the

Alatona zone.

Total market garden parcels allocated in the Alatona zone.

Number of titles registered in the land registration office granted to households in the Alatona zone.

Number of students enrolled in schools established by the

Project.

Graduation rate of students enrolled in schools established by the Project.

Number of farms adopting at least one new extension technique as a percentage of all farms receiving technical assistance under the Project.

Total amount of credit extended in loan portfolios by participating microfinance institutions and banks in the Alatona zone.

Number of active clients of microfinance institutions and banks in the Alatona zone.

Program Administration * and

41,815,000 ...................

3,603,110

Control, Monitoring and

Evaluation.

Pending Subsequent Report **..... .............. ...................

0

Page 25781

Cumulative

Projects

Obligated

Objectives

disbursements

Measures

Country: Mozambique (CIF ONLY) \1\ Year: 2008 Quarter 2 Total obligation: $25,346,200

Entity to which the assistance is provided: MCA Mozambique Total quarterly disbursement: $0

Water and Sanitation Project.....

N/A Increase access to

N/A Value of productive days reliable and

gained due to less quality water and

diarrhea, cholera and/ sanitation

or malaria. facilities.

School attendance days gained due to less diarrhea, cholera and/ or malaria.

Number (Percent) of businesses with access to improved water source.

Reduction in time for rural/urban households to access improved water sources.

Number (Percent) of urban households with access to improved water sources.

Number (Percent) of rural households with access to improved water sources.

Number (Percent) of urban households with access to improved sanitation facilities.

Road Rehabilitation Project......

N/A Increase access to

N/A Increase in agricultural productive

production among resources and

communities affected by markets.

road rehabilitation works.

Increase in the number of new businesses within 5 km of rehabilitated roads.

Reduction in vehicle operating costs as a result of rehabilitated roads.

Time savings due to a reduction in time to travel a fixed length of rehabilitated road.

Weighted average of the

International Roughness

Index for the rehabilitation roads.

Average annual daily traffic volume on rehabilitated roads disaggregated by vehicle type.

Land Tenure Services Project.....

N/A Establish

N/A Increase (Percent) in efficient, secure

value of new land access for

investments on land. households and

Number of new investors.

businesses.

Reduction (Percent) in time to right to land usage.

More efficient, free and secure land transfers/ transactions.

Increase (Percentage) in parcel-holder land value.

Reduction (Percent) in costs to right to land usage.

Farmer Income Support Project....

N/A Improve coconut

N/A Reduction (Percentage) productivity and

in loss of coconut diversification

production and coconut into cash crop.

products' sales.

Increased income

(Percentage) from sales from intercropping activities to small farm plot holders.

Increased number

(Percentage) of live coconut trees.

Increased productive capacity (Percentage) of coconut trees.

Program Administration * and

N/A ...................

N/A

Control, Monitoring and

Evaluation.

Pending Subsequent Report **..... .............. ...................

N/A

Cumulative

Projects

Obligated

Objectives

disbursements

Measures

Country: Lesotho (CIF ONLY) Year: 2008 Quarter 2 Total obligation: $15,668,416

Entity to which the assistance is provided: MCA Lesotho Total quarterly disbursement: $369,321

Water Project....................

$4,913,000 Improve the water

N/A Increased urban access supply for

to potable water industrial and

supply. domestic needs,

Increase in volume of and enhance rural

water delivered after livelihoods

treatment at Metolong through improved

site. watershed

Decrease in percentage management.

of urban water that is not accounted for (non- revenue losses plus physical losses).

Number of people covered per year in rural areas with MCC funded rural water supply.

Number of new VIP latrines provided to households.

Page 25782

Health Project...................

4,436,000 Increase access to

N/A Increase in the life-extending ART

percentage of health and essential

facilities providing health services by

full package of providing a

standard services for sustainable

level of center (MoHSW delivery platform.

2007 standard).

Increase in TB treatment success rate.

Increase in the percentage of health facilities staffed with standard number and type of qualified staff

(MoHSW 2007 standard).

Increase in the number of patients treated in health centers in

Lesotho.

Increase in immunization rate (measles).

Number of people receiving ARV treatment

(number).

Increase in annual enrolment at National

Health Training

College.

Increase in average referred tests performed at the central laboratory per quarter during the past year.

Increase in average number of blood units collected per quarter during the past year.

Private Sector Development

710,000 Stimulate

30,000 Increase in the

Project.

investment by

percentage of the adult improving access

population listed by a to credit,

private credit bureau reducing

with current transaction costs

information on and increasing the

repayment history, participation of

unpaid debts or credit women in the

outstanding. economy.

Increase in the number of payments associated with salaries and pensions made through

EFT per year.

Land used as collateral

(number of mortgage bonds registered).

Land transaction costs

(percent of property value).

Land transaction times

(median number of days necessary to complete a procedure).

Increase in the number of pending civil cases in the High Court.

Gender equality index

(percent change in index of knowledge, attitudes, and practices for supporting gender equality in economic rights).

Program Administration * and

5,609,416 ...................

N/A

Control, Monitoring and

Evaluation.

Pending Subsequent Report **..... .............. ...................

N/A

Cumulative

Projects

Obligated

Objectives

disbursements

Measures

Country: Morocco (CIF ONLY) Year: 2008 Quarter 2 Total obligation: $32,400,000

Entity to which the assistance is provided: MCA Lesotho Total quarterly disbursement: $107,746

Fruit Tree Productivity..........

$6,959,765 TBD................

N/A TBD.

Small Scale Fisheries............

7,005,874 TBD................

N/A TBD.

Artisan and Fez Medina...........

6,142,437 TBD................

N/A TBD.

Financial Services...............

$500,000 TBD................

N/A TBD.

Program Administration * and

11,271,924 TBD................

107,746 TBD

Control, Monitoring and

Evaluation.

Pending Subsequent Report **.....

N/A TBD................

N/A TBD.

* Program administration funds are used to pay items such as salaries, rent, and the cost of office equipment.

** These amounts represent disbursements made that will be allocated to individual projects in the subsequent quarter(s) and reported as such in subsequent quarterly report(s)

\1\ Beginning in fiscal year 2007, CIF (i.e., Compact Implementation Funding) is assistance made available to a country, upon signature of a compact, under the authority of Section 609(g) of the Act. It is additional to compact program assistance provided under Section 605 of the Act upon entry into force of the compact and is included in the overall total of compact funding. As of this report, only CIF funds have been obligated for

Mozambique, Lesotho and Morocco.

619(b) Transfer or allocation of funds

U.S. agency to which funds were transferred or allocated

Amount

Description of program or project

USAID........................................

$62,757,548 Threshold Program.

Page 25783

Dated: May 2, 2008.

Matthew McLean,

Vice President, Congressional and Public Affairs, Millennium Challenge

Corporation.

FR Doc. E8-10076 Filed 5-6-08; 8:45 am

BILLING CODE 9210-01-P

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