MCC is an independent U.S. Government foreign aid agency based on the principle that aid is most effective when it reinforces good governance, economic freedom and investments in people.
LankaWeb – New Parliamentary Budget Office Bill – attempting to outsource Parliamentary functions to a Corporate Body (MCC Private Company) lankaweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lankaweb.com Daily Mail and Mail on Sunday newspapers.
LankaWeb – New Parliamentary Budget Office Bill – attempting to outsource Parliamentary functions to a Corporate Body (MCC Private Company) lankaweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lankaweb.com Daily Mail and Mail on Sunday newspapers.
The $500 million US Millennium Challenge Corporation (MCC) grant has morphed into a contested geopolitical issue in Nepal, dividing its populace for and against it. Those supporting it argue that the US grant helps build much-needed power transmission lines and upgrades dilapidated roads, but a growing number of people have insisted that it has undermined the country s sovereignty and constitutional autonomy.
Here are some excerpts of this letter to the MCC, Chief Operating Officer
It is as a result of this official clearance” by the Attorney General in 2018 that the US Embassy, the US ambassador insisted that the MCC Compact was legal and Sri Lanka was making a fuss over nothing.
In fact, the Sri Lanka Treasury carried the Attorney General’s legal opinion which the US Embassy linked to its website to showcase that their Compact was afterall legal.
http://treasury.gov.lk/article/-/article-viewer-portlet/render/view/mcc-agreement-drafted-with-the-consent-of-ag– MCC Agreement drafted with the consent of the AG (this is no longer available on the Treasury website)