Audit of the Millennium Challenge Corporation’s Programs in Cape Verde
Recommendations
We recommend that the Millennium Challenge Corporation's vice president of the Compact Implementation department require the Government of Cape Verde to provide a formal statement showing how it will fund the remaining portions of the WMAS project6.
We recommend that the Millennium Challenge Corporation's vice president of the Compact Implementation department require the Millennium Challenge Account-Cape Verde to revise its current head of household list and include all local residents who are eligible to apply for the loans.
We recommend that the Millennium Challenge Corporation's vice president of the Compact Implementation department request MCA-CV to develop-and provide to MCC-a set of requirements to prevent farmers from obtaining loans for drip irrigation if they do not have adequate access to water.
We recommend that the Millennium Challenge Corporation's vice president of the Compact Implementation department provide documentation on the location or spending of $73,864 that was obligated to the microfinance institution, Soldifogo7.
We recommend that the Millennium Challenge Corporation's vice president of the Compact Implementation department develop a policy to clarify the modification of the Indicator Tracking Tables and the Monitoring and Evaluation Plan.
We recommend that the Millennium Challenge Corporation's vice president of the Compact Implementation department develop a policy to conduct a pre-feasibility study prior to entry into force.