Review of the Compact Closeout in Nicaragua

We recommend that the Millennium Challenge Corporation, Vice President of Compact Operations assure that the $750,848 of unused Nicaragua compact funding be deobligated.

We recommend that the Millennium Challenge Corporation, Vice President of Compact Operations add information to Guidelines for the Program Closure of Millennium Challenge Compacts on closing bank accounts.

We recommend that the Millennium Challenge Corporation, Vice President of Compact Operations provide consultation to MCA-Nicaragua on closing bank accounts.

We recommend that the Millennium Challenge Corporation, Vice President of Compact Operations revise Guidelines for the Program Closure of Millennium Challenge Compacts to require that all accountable entities assure that expenses incurred or paid after compacts end are exempted from taxes.