Millennium Challenge Corporation selects Sri Lanka as eligible for a compact

[Godman]

Millennium Challenge Corporation selects Sri Lanka as eligible for a compact
Wed, Dec 14, 2016, 09:47 am SL Time, ColomboPage News Desk, Sri Lanka.

Dec 14, Washington, DC: The U.S. Government's Millennium Challenge Corporation (MCC) at its Board of Directors Meeting held Tuesday has selected Sri Lanka as eligible for a compact (aid grant).

In a Twitter post the agency announced that following improved scorecard performance, Sri Lanka has been selected by the Board for a compact.

A country is considered eligible for a compact if it scores highly on all 17 indicators exceeding the median score of its peer group. In the fiscal year 2017 scorecards released by the MCC in November, Sri Lanka has met high performance standards in all three policy categories- Ruling Justly, Investing in People, and Encouraging Economic Freedom.

Sri Lanka is a candidate country in the Low Income Category to receive economic assistance from the Millennium Challenge Corporation. Once MCC partners with a country through a compact or threshold program, investments go toward projects like power, clean water, land rights and roads that lead to economic growth and help people lift themselves out of poverty.

http://www.colombopage.com/archive_16B/Dec14_1481689029CH.php

 

[samv]

This truly is a joke. Yahapalanaya shining y'all! No money to pay the pension of disabled soldiers, no money to keep the streets clean, no money to repair potholes and broken sidewalks, no money to maintain roads but...

Leader of the House, Lakshman Kiriella, presented an estimate comprising 22 proposals to cover the cost of purchasing 28 cars at an aggregate cost of Rs 791 million.

— Rs 14,000,000 to purchase two vehicles for the Deputy Minister of Megapolis and Western Province Development
— Rs 35,000,000 to purchase a car to the State Minister of Higher Education and Highways
— Rs 7,000,000 to meet the cost of importing a vehicle for Deputy Minister of Housing and Construction
— Rs 7,000,000 to meet the balance allocation for acquisition of a vehicle for Deputy Minister of Foreign Employment
— Rs 35,000,000 for State Minister of Finance
— Rs 35,000,000 to purchase a vehicle for Minister of Foreign Employment,
— Rs 35,000,000 to purchase a car for the Deputy Minister of Posts, Postal Service and Muslim Religious Affairs,
— Rs 7,500,000 to buy a car for Deputy Minister of Public Administration and Management
— Rs 14,000,000 to meet the balance allocation for acquisition of two vehicles for Deputy Minister of Telecommunication and Digital infrastructure
— Rs 35,000,000 to purchase a car for Leader of the Opposition
— Rs 70,000,000 to purchase two vehicles for the Minister and Deputy Minister of Health,Nutrition and Indigenous Medicine,
— Rs 70,000,000 to purchase two vehicles for Minister and Deputy Minister of Public Enterprise Development
— Rs 35,000,000 to purchase a vehicle for the Minister of Development Strategies and International Trade
— Rs 35,000,000 to purchase a vehicle for State Minister of Provincial Councils and Local Government
— Rs 70,000,000 to purchase two vehicles for Minister and Deputy Minister of Ports and Shipping
— Rs 35,000,000 to buy a car for State Minister of Fisheries and Aquatic Resources
— Rs 35,000,000 to purchase a car for Deputy Minister of Rural Economic Affairs
— Rs 70,000,000 to purchase two vehicles for the Minister and Deputy Minister of Women and Child Affairs
— Rs 35,000,000 to purchase a car for State Minister of Skills Development and Vocational Training
— Rs 70,000,0000 to purchase two vehicles for the Minister and State Minister of Science, Technology and Research.
— Rs 35,000,000 to buy a vehicle for the State Minister of Higher Education and Highways

Among those who sought vehicles are seven Ministers, eight Deputy Ministers and 12 State Ministers.

http://www.ceylontoday.lk/print20161101CT20161231.php?id=10058