3 May 2006
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[Federal Register: May 3, 2006 (Volume 71, Number 85)]
[Notices]
[Page 26114-26116]
From the Federal Register Online via GPO Access [wais.access.gpo.gov]
[DOCID:fr03my06-107]
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MILLENNIUM CHALLENGE CORPORATION
[MCC FR 06-08]
Notice of Quarterly Report (January 1, 2006--March 31, 2006)
AGENCY: Millennium Challenge Corporation.
SUMMARY: The Millennium Challenge Corporation (MCC) is reporting for
the quarter January 1, 2006 through March 31, 2006 with respect to
either assistance provided under section 605 of the Millennium
Challenge Act of 2003 (Pub. L. 108-199, Division D (the Act)), or
transfers of funds to other Federal agencies pursuant to section 619 of
that 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.
[[Page 26115]]
Assistance Provided Under Section 605
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Quarterly
Projects Obligated Objectives disbursements Measures
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Country: Madagascar Year: 2006 Quarter 2 Total Obligation: $109,773,000
Entity to which the assistance is provided: MCA Madagascar Total Quarterly Disbursement: $0 million
--------------------------------
Land Tenure Project............ $37.803 mil...... Increase Land $0............... Legislative proposal
Titling and (``loin de cadrage'')
Security. reflecting the PNF
submitted to
Parliament and
passed.
Percentage of land
documents
inventoried,
restored, and/or
digitized.
Average time and cost
required to carry out
property-related
transactions at the
local and/or national
land services
offices. Time/cost to
respond to
information request,
issue titles and to
modify titles after
the first land right.
Number of land
disputes reported and
resolved in the
target zones and
sites of
implementation.
Percentage of land in
the zones that is
demarcated and ready
for titling.
Promote knowledge and
awareness of land
tenure reforms among
inhabitants in the
zones (surveys).
Finance Project................ $35.888 mil...... Increase $0............... Submission to
Competition in Parliament and
the Financial passage of new laws
Sector. recommended by
outside experts and
relevant commissions.
CPA Association (CSC)
list of accountants
registered.
Maximum check clearing
delay.
Volume of funds in
payment system and
number of
transactions.
Public awareness of
new financial
instruments
(surveys).
Report of credit and
payment information
to a central
database.
Number of holders of
new denomination T-
bill holdings, and T-
bill issuance outside
Antananarivo as
measured by Central
Bank report of
redemption date.
Volume of production
covered by warehouse
receipts in the
zones.
Volume of MFI lending
in the zones.
MFI portfolio-at-risk
delinquency rate.
Number of new bank
accounts in the
zones.
Agricultural Business $17.683 mil...... Improve $0............... Number of rural
Investment Project. Agricultural producers receiving
Projection or soliciting
Technologies and information from ABCs
Market Capacity about the
in Rural Areas. opportunities.
Zones identified and
description of
beneficiaries within
each zone submitted.
Number of cost-
effective investment
strategies developed.
Number of plans
prepared.
Number of farmers and
business employing
technical assistance
received.
Program Administration and $18.399 mil...... ................. $0............... ......................
Control, Monitoring and
Evaluation.
----------------------------------------------------------------------------------------------------------------
Program objective Obligated Program goal Disbursements Measures
----------------------------------------------------------------------------------------------------------------
Country: Honduras Year: 2006 Quarter 2 Total Obligation: $215,000,000
Entity to which the assistance is provided: MCA Honduras Total Quarterly Disbursement: $1,646 million
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Rural Development Project...... $72.195 mil...... Increase the $283,000......... Hours of technical
productivity and assistance delivered
business skills to Program Farmers
of farmers who (thousands).
operate small Funds lent by MCA-
and medium-size Honduras to financial
farms and their institutions
employees.. (cumulative).
Hours of technical
assistance to
financial
institutions
(cumulative).
Lien Registry
equipment installed.
Kilometers of farm-to-
market road upgraded
(cumulative).
[[Page 26116]]
Transportation Project......... $125.700 mil..... Reduce $273,000......... Kilometers of highway
transportation upgraded.
costs between Kilometers of
targeted secondary road
production upgraded.
centers and Number of weight
national, stations built.
regional and
global markets..
Program Administration and $17.105 mil...... ................. $1.090 mil....... ......................
Control, Monitoring and
Evaluation.
----------------------------------------------------------------------------------------------------------------
Quarterly
Projects Obligated Objectives disbursements Measures
----------------------------------------------------------------------------------------------------------------
Country: Cape Verde Year: 2006 Quarter 2 Total Obligation: $110,078,000
Entity to which the assistance is provided: MCA Cape Verde Total Quarterly Disbursement: $0 million
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Watershed and Agricultural $10.848 mil...... Increase $0............... Productivity:
Support. agricultural Horticulture (tons
production in per hectare)
three targeted Value-added for farms
watershed areas and agribusiness
on three islands. (millions of dollars)
Infrastructure Improvement..... $78.760 mil...... Increase $0............... Volume of goods
integration of shipped between Praia
the internal and other islands
market and (tons).
reduce Mobility Ratio:
transportation Percentage of
costs. beneficiary
population who take
at least 5 trips per
month.
Savings on transport
costs from
improvements (million
dollars).
Private Sector Development..... $7.200 mil....... Spur private $0............... Value added in
sector priority sectors
development on above current trends
all islands (escudos)
through Volume of private
increased investment in
investment in priority sectors
the priority above current trends
sectors and
through
financial sector
reform.
Program Administration and $13.270 mil...... ................. $0............... ......................
Control, Monitoring and
Evaluation.
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619 Transfer Funds
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U.S. agency to which funds were
transferred Amount Country Description of program or project
----------------------------------------------------------------------------------------------------------------
N/A................................... N/A N/A N/A
----------------------------------------------------------------------------------------------------------------
\*\Note: Obligated amounts are cumulative from the time of signing a compact.
Dated: April 28, 2006.
Frances C. McNaught,
Vice President, Congressional and Public Affairs, Millennium Challenge
Corporation.
[FR Doc. E6-6665 Filed 5-2-06; 8:45 am]
BILLING CODE 9210-01-P