During consultations at the Malawi Millennium Development Trust (MMDT) held earlier this week, representatives of the Millennium Challenge Account (MCA) revealed of having meetings with three delegations from the Millennium Challenge Corporation (MCC) Washington office, which investments the MCC should include in its compact.

National Coordinator for MCA Dye Mawindo revealed that some of the new areas to consider in the MCC compact were land access, macro-economic volatility and rural transport.

However, Mawindo said that before the compact was implemented, there were a number of processes that have to be undertaken, therefore how much will be given in the new compact will be announced only after these processes are completed. “One sector will be chosen, or if we are lucky, two. Thereafter, we will go into the root cause analysis basically identifying why we have challenges in those areas. Thereafter, we will do concept notes and later project development. Then we will go into negotiations where we will be able to know how much money they will invest into our economy and the period to implementation takes about 36 months,” Mawindo said.