Note on Potential Transition to Upper Middle Income Country Sample Clauses

Note on Potential Transition to Upper Middle Income Country. (UMIC) Status After Initial Selection Appendix A: Statutory Basis for This Report (1) The countries that are ‘‘candidate countries’’ for assistance for FY 2021 based on per capita income levels and eligibility to receive assistance under U.S. law (section 608(a) of the Act; 22 U.S.C. 7707(a)); (2) The criteria and methodology that MCC’s Board of Directors (Board) will use to measure and evaluate policy performance of the candidate countries consistent with the requirements of section 607 of the Act (22 U.S.C. 7706) in order to determine ‘‘eligible countries’’ from among the ‘‘candidate countries’’ (section 608(b) of the Act; 22 U.S.C. 7707(b)); and (3) The list of countries determined by the Board to be ‘‘eligible countries’’ for FY 2021, with justification for eligibility determination and selection for compact negotiation, including those eligible countries with which MCC will seek to enter into compacts (section 608(d) of the Act; 22 U.S.C. 7707(d)). This report satisfies item 2 above. Since MCC was created, it has relied on the World Bank’s gross national income (GNI) per capita income data (Atlas method) and the historical ceiling for eligibility as set by the World Bank’s International Development Association (XXX) to divide countries into two income categories for purposes of creating scorecards. These categories are used to account for the income bias that occurs when countries with more per capita resources perform better than countries with fewer. Using the historical XXX eligibility ceiling for the scorecard evaluation groups ensures that the poorest countries compete with their income level peers and are not compared against countries with more resources to mobilize. MCC will continue to use the historical XXX classifications for eligibility to categorize countries in two groups for purposes of FY 2021 scorecard comparisons: • Countries with GNI per capita equal to or less than IDA’s historical ceiling for eligibility (i.e., $1,945 for FY 2021); and • Countries with GNI per capita above XXX’s historical ceiling for eligibility but below the World Bank’s upper middle income country threshold (i.e., $1,946 and $4,045 for FY 2021). The list of countries for FY 2021 scorecard assessments is set forth below: Countries With GNI per Capita of $1,945 or Less 1. Afghanistan 2. Bangladesh 3. Benin 4. Burkina Faso 5. Burma