Consistent with the Millennium Challenge Corporation’s (MCC) worldwide policy in all partner countries, after the grant assistance agreement is signed, the Government of Sri Lanka will send it to Parliament for approval. In as much, Parliament will have ample opportunity to review the grant assistance agreement, the US embassy stated in a media release.
“During that review period, the Government of Sri Lanka will develop plans to implement the grant assistance agreement and design projects to improve transportation and land administration. This grant assistance agreement will directly benefit over 11 million Sri Lankans and meaningfully stimulate economic growth. “Parliamentary review and approval are required by MCC to ensure the grant assistance agreement has the support of the government and the people,” the release further stated.