Malacañan Palace
19 October 2012 

Chief Executive Officer of the U.S. Government’s Millennium Challenge Corporation (MCC) Daniel Yohannes paid a courtesy call to President Benigno S. Aquino III in Malacañang to personally talk about the current projects being funded by the $434 million Millennium Challenge Compact grant to the Philippines.

Mr. Yohannes came with US Ambassador Harry Thomas Jr., US Embassy Deputy Chief of Mission Brian Goldbeck, MCC Resident Country Director Matthew Bohn, MCC Deputy Resident Country Director John Polk, MCC Assistant General Counsel and Deputy COS Lia Hanley, MCC Public Affairs Director Linda Herda, MCA Philippines Managing Director/CEO Ma. Victoria Anonuevo and MCA Philippines Communications and Outreach specialist Andres Saracho.

Also present during the call were Foreign Affairs Secretary Albert del Rosario, Finance Secretary Cesar Purisima, Budget Secretary Butch Abad, Social Welfare Secretary Dinky Soliman, Public Works and Highways Undersecretary Rafael Yabut, Socioeconomic Planning Secretary Arsenio Balisacan, Bureau of Internal Revenue Commissioner Kim Henares, DFA-American Affairs Assistant Secretary Gina Jamoralin and DFA Office of American Affairs Director Senen Mangalile.

Mr. Yohannes will be in the Philippines from October 15-21, 2012 to hold meetings with different sectors and check on projects being funded by the U.S. Government under MCC.

The Millennium Challenge Account – Philippines (MCA-P) is a Philippine entity responsible for managing the implementation of the $434-million grant (“Compact”) from the U.S. Government’s Millennium Challenge Corporation (MCC).  The Compact is focused on reducing poverty through economic growth by funding projects in tax administration reform, community-driven development, and roads rehabilitation.