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{
    "id": 1405269,
    "url": "https://info.mzalendo.com/api/v0.1/hansard/entries/1405269/?format=api",
    "text_counter": 110,
    "type": "speech",
    "speaker_name": "Ainabkoi, UDA",
    "speaker_title": "Hon. Samuel Chepkong’a",
    "speaker": null,
    "content": "Hon. Deputy Speaker, the Regulations are divided into Five Parts. Part II provides for the objects that I have just mentioned. Part III is on the establishment and composition of the board that is charged with the responsibility of managing the institution being created under the Regulations. It also provides for the functions and meetings of the board. It further provides for the establishment of the office of the chief executive officer of the corporation, together with the corporation secretary and the staff to be employed thereon. On the policy context of these Regulations, the Millennium Challenge Corporation, popularly referred to as the MCC, is a bilateral USA foreign aid agency that was established by the USA Congress in 2004. Its objective is to form partnerships within developing countries that are committed to good governance, economic freedom and investing in their citizens. The MCC provides time-limited grants from the USA Government to promote economic development, reduce poverty and strengthen institutions within the countries they have chosen. Those investments in core infrastructure, policy and institutional reforms are key interventions that are improving the lives of nearly 270 million people in over 46 countries in five continents. Kenya implemented the first threshold program of US$12.7 million grant from March 2007 to December 2010 for three interventions that focused on reforming the health sector, The electronic version of the Official Hansard Report is for information purposesonly. A certified version of this Report can be obtained from the Hansard Editor"
}