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Audit of MCC’s Funding of Activities in Tanzania.

Country: Tanzania
Fiscal Year: 2011
Agency: MCC

In February 2008, MCC signed a 5-year, $698 million agreement with Tanzania. The MCC compact in Tanzania entered into force in September 2008, formally initiating the timeline for project implementation.

The agreement seeks to reduce poverty and stimulate economic growth by increasing household incomes through targeted investments in transportation, energy, and water. Specifically, the investments in three projects are intended to help Tanzanians enhance their transportation network by improving roads to increase commerce and help connect communities with markets, schools, and health clinics; improve the reliability and quality of electric power and extend electricity service to unserved communities; and make potable water more available and reliable for domestic and commercial use.

This audit will determine whether the major risks related to the Tanzania compact have been identified and addressed in order to help achieve program success. This work began in August 2010 and will carry over into FY 2011.

Source: Office of Inspector General - ANNUAL PLAN - FISCAL YEAR 2011

Date added: 2011-06-13 10:56:30    Hits: 584
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