Cabinet rejects MCC deal in current form

The Government has decided not to sign the proposed Millennium Challenge Corporation Compact (MCC) agreement, Co Cabinet Spokesman Bandula Gunawardene said today.

However, Gunawardene said the government was prepared to discuss matters of concern with the US government and amend the agreement accordingly.

Prime Minister Mahinda Rajapaksa handed over the interim report by the MCC review committee to the cabinet yesterday (27).

The decision was taken after the contents of the report were discussed by the Cabinet of Ministers.