U.S. Embassy and Consulate in Ecuador

WASHINGTON (Dec. 19, 2025) —The Millennium Challenge Corporation (MCC) Board held a meeting on December 10 and selected Ecuador as eligible to develop a compact. The Board also selected Bolivia and Guatemala to develop threshold programs, which are smaller grant programs designed to support policy and institutional reforms that address constraints to private sector driven economic growth.

“Today’s selections underscore the opportunities to deepen our partnerships close to home, and advance MCC’s ability to foster economic growth, increase prosperity, and offer meaningful benefits to the U.S. private sector,” said Deputy Secretary of State Christopher Landau, who also presides over the MCC Board of Directors. “We’re eager to keep building strong presence in the Western Hemisphere to achieve our shared goals—and deliver meaningful results—for the American people, as well as those in Ecuador, Bolivia, and Guatemala.”

MCC’s Board selected Ecuador as eligible to develop a compact in recognition of the strong relationship between the U.S. and Ecuador and the country’s notable progress toward fiscal stability and as a testament to our shared commitment to continued security and prosperity.

The Board also selected Bolivia as eligible to develop a threshold program in light of the country’s new economic direction and interest in strengthening its investment climate. MCC’s support can help advance policy and institutional improvements that encourage private sector–led growth.

In addition, the Board selected Guatemala as eligible to develop a threshold program to build on the country’s long-standing partnership and cooperation with the U.S. and the success of the prior MCC threshold program in the country, and in recognition of Guatemala’s renewed focus on economic modernization. Find out more about MCC’s selection process on its Who We Select web page.

The Millennium Challenge Corporation is an independent U.S. government agency focused on advancing America’s economic and strategic interests through results-driven foreign assistance. MCC’s investments support large-scale infrastructure, strategic reforms, and economic modernization that deliver measurable returns. Countries and U.S. taxpayers mutually benefit from expanded commercial opportunities for U.S. businesses, reduced influence of competitors, and reinforced global environments aligned with the United States.

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Read the original text here: https://www.mcc.gov/news-and-events/release/release-121525-mcc-selects-ecuador-bolivia-guatemala/