[March 29, 2005 - 10.30 GMT]
Chief Executive Officer of the US Millennium Challenge Corporation (MCC) Paul Applegarth is now in the island on a three-day visit to review proposals for US assistance to Sri Lanka.
A US Embassy communiqué states that Applegarth will be here from March 29 to April 1st to continue the consultation process between Sri Lanka and the MCC.
According to the release Sri Lanka was selected as a Millennium Challenge Account (MCA) eligible country for 2004 and 2005 for its efforts to rule justly, invest in people, and encourage economic freedom. The Millennium Challenge Corporation seeks to support broad-based sustainable economic growth and link greater contributions from developed nations to greater responsibility from developing nations in a “new compact for global development” called for by President George W. Bush.
Mr. Applegarth will meet with
President Kumaratunga, senior members of the Sri Lankan government and
members of the private sector, civil society and non-governmental
organizations and other international donors. He will also visit a Sri
Lankan garment maker, agricultural areas and tsunami-affected areas.
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