The Millennium Challenge Account: Does the Program Match the Vision? : Hearing Before the Committee on International Relations, House of Representatives, One Hundred Ninth Congress, First Session, April 27, 2005, Volume 4
U.S. Government Printing Office, 2005 - Economic assistance, American - 119 pages
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Page 75 - ... indices are computed using the Laspeyres formula, unless otherwise indicated in the country notes in the monthly issues. Subindices are occasionally included for the PPI or the WPI. Consumer Price Index Indices shown for Consumer Prices (line 64) are the most frequently used indicators of inflation and reflect changes in the cost of acquiring a fixed basket of goods and services by the average consumer.
Page 68 - Framework defined internal control as "a process, effected by an entity's board of directors, management and other personnel, designed to provide reasonable assurance regarding the achievement of objectives" in three categories — effectiveness and efficiency of operations; reliability of financial reporting; and compliance with applicable laws and regulations.
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Page 71 - Mr. Chairman and Members of the Committee, this concludes my prepared statement. I will be happy to answer any questions you may have.
Page 10 - Target security and economic assistance to sustain key countries supporting us in the war on terrorism and helping us to stem the proliferation of weapons of mass destruction; • Launch the Millennium Challenge Account — a new partnership generating support to countries that rule justly, invest in their people, and encourage economic freedom...
Page 1 - For decades, the success of development aid was measured only in the resources spent, not the results achieved. Yet, pouring money into a failed status quo does little to help the poor, and can actually delay the progress of reform. We must accept a higher, more difficult, more promising call. Developed nations have a duty not only to share our wealth, but also to encourage sources that produce wealth: economic freedom, political liberty, the rule of law and human rights. The lesson...