MCC grant monies were never transferred to or spent by GoSL

MCC grant monies were never transferred to or spent by GoSL

MCC grant monies were never transferred to or spent by GoSL

Written by Staff Writer

26 Jun, 2020 | 4:31 pm

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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