Millennium Challenge Corporation Compact — MCC Sri Lanka — UPDATING document

Kushan Liyanarachchi
Nov 6 · 8 min read
Millennium Challenge Corporation (MCC) grants $480 Million to Sri Lanka

In Brief

  1. What is MCC? It is an independent development organization, like USAID, funded by US Taxpayer dollars.
  2. Is MCC a grant or a loan? A Grant. Not a loan.
  3. Is it connected to SOFA and ACSA military agreements? No connection to ACSA or SOFA. No military connection what-so-ever.

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Kushan Liyanarachchi

Written by

Apolitical Fact-Checker. Sustainable Development Goals Advocate.

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