Preliminary report on MCC presented to President

Tuesday, 18 February 2020 00:15 -     - {{hitsCtrl.values.hits}}

The preliminary report of the four-member committee appointed to review the proposed Millennium Challenge Corporation Compact (MCC) was handed over to President Gotabaya Rajapaksa at the Presidential Secretariat yesterday.

Following a Cabinet decision taken on 18 December 2019, the committee was appointed with effect from 1 January 2020. Prof. Lalithasiri Gunaruwan of the University of Colombo is the Chairman of the committee while former Secretary to the Ministry of Transport Dr. D.S. Jayaweera, President’s Counsel Justice Nihal Jayawardena and architect Nalaka Jayaweera are its other members.

An independent and professional review is expected from the committee. Accordingly, a broad analysis is being carried out covering various aspects.

The committee collected information by reviewing relevant documents, conducting interviews with different individuals and participating in seminars. The final report on the MCC is expected to be completed within four months.