Sunday, 1 March 2020

Sri Lankan govt will not sign MCC with US

Sri Lankan govt  will not sign MCC with US

Sri Lankan Government has decided not to sign the Millennium Challenge Cooperation (MCC) with the US Government.

The MCC agreement is to provide a grant of 480 million US dollars to Sri Lanka for development of transport and land deeds based on certain conditions.

Sri Lanka, officially the Democratic Socialist Republic of Sri Lanka, is an island country in South Asia, located in the Indian Ocean to the southwest of the Bay of Bengal and to the southeast of the Arabian Sea

Capitals: Colombo, Sri Jayawardenepura Kotte
Currency: Sri Lankan rupee
President: Gotabaya Rajapaksa
Prime minister: Mahinda Rajapaksa