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Oct 11 -- The Millennium Challenge Corporation (MCC) has renewed the charter for the MCC Economic Advisory Council (“EAC”) and is hereby soliciting representative nominations for the 2022-2024 term. The EAC serves MCC in an advisory capacity only and provides insight to sharpen MCC's analytical capacity and ensure continued expertise on relevant issues related to economic development. The EAC provides a platform for engagement with economic development and evaluation experts and contributes to MCC's mission to reduce poverty through sustainable and inclusive economic growth. MCC will use the advice, recommendations, and guidance from the EAC to inform threshold, compact, and concurrent regional compact development, implementation, and results measurement procedures; and assess future policy innovations and methodologies at MCC. The MCC Vice President of the Department of Policy and Evaluation affirms that the EAC is necessary and in the public interest. The EAC is seeking members to comprise a diverse group of recognized thought leaders and experts representing academic institutions, think tanks, donor organizations, and development banks.

Nominations for EAC members must be received on or before 5 p.m. EST on November 25, 2022. Further information about the nomination process is included below. MCC plans to host the first meeting of the 2022-2024 term of the MCC Advisory Council in early 2023. The EAC will meet at least two times a year in Washington, DC or via video/teleconferencing. Members who are unable to attend in-person meetings may have the option to dial-in via video/teleconferencing.

The EAC shall consist of not more than 25 individuals who are recognized experts in their field, academics, innovators, and thought leaders, representing academic organizations, independent think tanks, international development agencies, multilateral and regional development financial institutions, and foundations. Efforts will be made to include expertise from countries and regions where MCC operates, within the resource constraints of the MCC to support logistics costs. Qualified individuals may self-nominate or be nominated by any individual or organization.
 
All members of the EAC will be independent of the agency, representing the views and interests of their respective institution or area of expertise, and not as Special Government employees. All members shall serve without compensation. The duties of the EAC are solely advisory and any determinations to be made or actions to be taken on the basis of EAC advice shall be made or taken by appropriate officers of MCC.

FRN: https://www.federalregister.gov/d/2022-21941
MCC EAC: https://www.mcc.gov/about/org-unit/economic-advisory-council
MCC EAC facadatabase: https://www.facadatabase.gov/FACA/apex/FACAPublicCommittee?id=a10t0000001gzzNAAQ

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