The Senate yesterday voted unanimously to ratify the US$256.7 million Millennium Challenge Corporation (MCC) grant agreement between Liberia and the United States of America.
The Senate’s decision was taken following a report from its Joint committees on Foreign Relations; Ways, Means Finance and Budget; Judiciary; Claims, Petition and Human Rights.
The three committees jointly recommended the passage and ratification of the grant agreement; “having done due diligence to this agreement in line with the mutual interest of both governments and people, recommends that this plenary exercise ratification of this agreement…”
It may be recalled that the Liberian Senate last week received from President Ellen Johnson-Sirleaf for ratification, an agreement between the Government of Liberia and the Millennium Challenge Corporation (MCC) of the United States Government relating to the grant of US$256.7 Million to assist in the development of the energy sector, road maintenance and technical capacity building.
In her communication to the Senate, which is winding up its six weeks extra-ordinary sitting, President Sirleaf informed the lawmakers that for the last several years, the country was scrutinized which qualified her to reach the current level of the United States Compact plan.
The resources from the grant in the energy sector will provide funding for a fourth turbine for the Mount Coffee Power Plant to raise its capacity to over 80 Megawatts of power.
The Senate ,however, did not deliberate on the President’s communication on the creation of the “Millennium Challenge Account MCA Act,” which according to her will put into place the necessary legal framework for the establishment of the Millennium Challenge Account-Liberia; which mandate she said shall be to implement and oversee projects funded under the MCC.
The relevant committees of both the Senate and House of Representatives on Monday had a public hearing on both the MCC and MCA Acts.
The Secretary of the Senate was immediately mandated yesterday to communicate with the House of Representatives for concurrence.