Reply To:
Name - Reply Comment
Last Updated : 2024-04-24 15:12:00
By Kelum Bandara
Finance Minister Mangala Samaraweera yesterday assured that the Millennium Challenge Corporation (MCC) agreement would only take effect after Parliament ratifies it and that it would be presented to the House after the presidential election.
He told Daily Mirror the Cabinet endorsed the agreement last week and it would take effect once Parliament approved only.
When asked when it would be presented to the House, he said there was no time limit to do so and most probably it would be after the presidential election.
“That is the usual practise,” he said. The government has sought to sign this agreement with the MCC to qualify for the US$480 million grant to modernise the transport sector and land administration. However, there is a lot of criticism on the clauses involving land administration in particular.
When asked when it would be presented to the House, he said there was no time limit to do so and most probably it would be after the presidential election
Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.
Reply To:
Name - Reply Comment
US authorities are currently reviewing the manifest of every cargo aboard MV
On March 26, a couple arriving from Thailand was arrested with 88 live animal
According to villagers from Naula-Moragolla out of 105 families 80 can afford
Is the situation in Sri Lanka so grim that locals harbour hope that they coul