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Sri Lanka once had the opportunity to receive a US$480 million development grant from the United States without taking on a conventional sovereign loan. That opportunity disappeared in December 2020 after the Millennium Challenge Corporation (MCC) formally discontinued its proposed compact with Sri Lanka. The decision followed years of political controversy, protests and accusations that […] The post Sri Lanka’s US $480 Million Missed US MCC Opportunity appeared first on Lankanews.lk .

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