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    Traders at Model Junction Appeal to Government to Halt Demolition of Market Structures

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    Traders at Model Junction Appeal to Government to Halt Demolition of Market Structures

    Traders at Model Junction Appeal to Government to Halt Demolition of Market Structures

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    Traders at Model Junction Appeal to Government to Halt Demolition of Market Structures

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Full MCC implementation requires Sierra Leone to fulfill all prerequisites

EyeWitnessNews by EyeWitnessNews
October 7, 2024
in FEATURED, Latest, News
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US Embassy condemns attacks on military armory in Sierra Leone

United States Ambassador to Sierra Leone Bryan David Hunt

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The United States Ambassador to Sierra Leone Bryant Hunt has said that Sierra Leone must meet all prerequisites for implementing the MCC Compact. During an appearance on Radio Democracy 98.1’s ‘Good Morning Salone’ program, Hunt underscored that failure to adhere to the outlined recommendations could result in various actions, including potential suspension of the Compact.

Hunt emphasized the importance of meeting the preconditions set forth for the successful execution of the project, by the practices of the Millennium Challenge Authority globally. These conditions involve parliamentary ratification of legal requirements, reforms within the power sector, and continuous compliance with the eligibility criteria specified by the U.S. Congress throughout the project’s duration.

The Ambassador highlighted that while the U.S. aims to ensure the success of the $480 million investment in Sierra Leone, there is no intention to micromanage the government. He stressed that achieving political stability and enacting reforms in the power sector are key to the project’s success.

Expressing confidence in realizing the objectives within the stipulated five-year timeline, Hunt commended the progress made in collaboration with the Sierra Leonean government. He mentioned that the funds would directly support contractors rather than being disbursed to the government. Monitoring progress closely, the focus remains on fostering national unity and implementing the specified recommendations.

A $480 million compact was signed in September by the Chief Executive Officer (CEO) of Millennium Challenge Corporation (MCC) Alice Albright and Sierra Leone’s Minister of Finance Sheku Bangura to help millions of people access reliable and affordable power. Despite numerous electricity sources including the Bumbuna Hydro, the Karpower ship, and the West Africa Power Project, Sierra Leone has been plagued by power outages. There are over 70% of people without electricity.

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