Colombo (News 1st); The US Embassy in Colombo said no MCC grant monies were ever transferred to or spent by the Government of Sri Lanka under the proposed $480 million grant.

In a statement to News 1st, the US Embassy in Colombo said the MCC-managed funding to support grant preparatory activities — nearly all of which have been canceled or indefinitely postponed pending the Government’s decision on whether to proceed with the grant — was made available under the same highly transparent and accountable procedures used to enable other US development work.

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