Lankapage Logo CP 18 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka to take steps to expedite multi-million dollar MCC grant
Mon, Jun 12, 2017, 09:18 am SL Time, ColomboPage News Desk, Sri Lanka.

June 12, Colombo: Sri Lanka will address the issues that need to be resolved to move foraward the multi-million dollar Millennium Challenge Corporation compact grant Deputy Minister of National Policies and Economic Affairs Dr. Harsha de Silva said.

The Deputy Minister, who is visiting the U.S., along with the Sri Lankan Ambassador to the U.S. Prasad Kariyawasam met with the top officials of the Millennium Challenge Corporation (MCC) to discuss the multi-million dollar MCC compact to Sri Lanka.

The Minister met with MCC Regional Deputy Vice President for Europe, Asia, the Pacific and Latin America Fatema Sumar and Managing Director for Europe, Asia, Pacific, and Latin America programs Caroline Nguyen of MCC along with Sri Lanka coordinator Nilan Fernando in Washington, DC.

"We discussed at length the issues we need to address to process the project at the earliest," the Deputy Minister said following the meeting in a Facebook post.

"I will take steps to expedite it," he added.

"This is a grant to the Sri Lankan people by the American people. The biggest grant ever by any country!"

In December 2016, MCC selected Sri Lanka as eligible for an MCC compact - a five-year development grant linked to sustained reforms that can spur growth and alleviate poverty.

MCC projects rely on locally-driven solutions to help increase prosperity. Countries are selected based upon rigorous standards for good governance, anti-corruption and anti-trafficking efforts, and respect for human rights.

 


ColomboPage - Recent 10 Stories ::
Dufry AG of Switzerland awarded operation of duty free shops at Sri Lanka's Bandaranaike International Airport
-- [35 minutes ago]
Sri Lanka to provide free health insurance for all school children
-- [50 minutes ago]
New Navy commander says the navy uniform is not a license to commit crimes
-- [1 hour and 6 minutes ago]
MP Prasanna Ranatunga's bribery case postponed to October
Sri Lanka President assures to strengthen Samurdhi Movement in entire country
Bribery Commission questions ex- governor of Sri Lanka Central Bank for over 7 hrs
Wijeyadasa Rajapakshe removed from all cabinet portfolios
'India will support Sri Lanka in all areas wherever and whenever needed' - envoy
Trial against State Minister Palitha Range Bandara commenced
20th Amendment to the Constitution seeking to hold all PC elections on same day presented in parliament

Copyright © 2000, 2016 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.