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No MCC agreement signing before the 16th: President

President Maithripala Sirisena had reportedly stated that the proposed US Millennium Challenge Corporation (MCC) Compact agreement will not be signed before November 16.

The 2019 presidential election is to be held on November 16th.

The President had given this assurance to MPs Wimal Weerawansa, Udaya Gammanpila and Ven. Athuraliye Rathana Thera, who had met him to verify reports that the MCC was to be signed within a few days.  

“When we informed this to the President, he telephoned Finance Minister Mangala Samaraweera in our presence and asked him about it. We understood from the conversation that it would not be signed in a hurried manner,” Weerawansa has told the media.  

“President Sirisena told that the cabinet nod was granted for the agreement on the condition that it would not be signed before November16,” he has added.

The proposed MCC agreement consisted of grant funds for traffic management in Colombo, road construction island-wide and land administration improvements covering the whole country.   

 Related News:

MCC agreement drafted with the consent of AG: Finance Ministry

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