Tue, 30 Nov 2021 Today's Paper

Prez insists on a close scrutiny prior to approval

26 June 2019 02:01 am - 1     - {{hitsCtrl.values.hits}}


President Maithripala Sirisena told the Cabinet meeting yesterday that each clause of the agreement with the Millennium Challenge Corporation (MCC) of the United States should be scrutinized before it was approved by Parliament.

The MCC, which is an independent US foreign assistance agency helping in the fight against global poverty has approved a grant aid of US$480 million to Sri Lanka for three main projects to be completed within a period of five years -- reducing city traffic, modernising the public transport system and improving land administration.

The National Economic Council (NCC) which functions under the President had sent its observations to the Cabinet yesterday regarding Sri Lanka’s commitments to be made so as to obtain the grant aid.

The President told the Cabinet that the agreement should be studied properly and was reported to have expressed some reservations about the proposed changes to land administration in Sri Lanka.

Finance Minister Mangala Samaraweera had said the former government had been unsuccessful in securing this grant aid and that the present government was able to qualify for it because of its policies on good governance.

However, the President insisted that each clause should be studied in depth before signing the document. (Kelum Bandara)

  Comments - 1

  • ghikj Wednesday, 26 June 2019 09:07 AM

    So, he doesn't scrutinize Chinese deals but only U.S.

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

Focus on Laggala Gem mining big shots bigger than the law

The truth is now being uncovered regarding an illegal mining racket in state

How and why the TNA was formed twenty years ago

The Tamil National Alliance (TNA) is now twenty years of age. The premier pol

India lays emphasis on culture diplomacy with Sri Lanka

Indian Prime Minister Narendra Modi wanted to inaugurate the Kushinagar Inter

Bittersweet memories of a ‘City that never slept’

At the heart of Eastern Province lies a now abandoned ghost town punctuated w