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The Millennium Challenge Corporation
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President Bush called for "a new compact for global development, defined by new accountability for both rich and poor nations alike. Greater contributions from developed nations must be linked to greater responsibility from developing nations." The President pledged that the United States would lead by example and increase its core development assistance by 50 percent over the next three years, resulting in an annual increase of $5 billion by FY 2006.
April 4, 2006 - Statement of Ambassador John J. Danilovich at a luncheon on the Millenium Challenge Cooperation (As delivered)
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Link of interest
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