Millennium Challenge Corporation: " The US government has established the Millennnium Challnge Account (MCA) to provide assistance to developing countries that meet cetain elligibility conditions. A country is considered eligible if it rules justly, invests in their people, and encourages economic freedom. For the fiscal year 2005 the US Congress has approved US $1.5 billion for the MCA. Sri Lanka is one of the 16 countries that is eligible to submit a proposal for funding from the MCA: The concept paper submitted by Sri Lanka can be found at, Sri Lanka concept paper."
Sunday, January 23, 2005