A bus owners' union has urged the government to proceed with the Millenium Challenge Corporation (MCC) agreement which would see USD 80 million worth funds being allocated to public transport.
The MCC agreement with the US, through which the government was expected to receive a grant of USD 450 million, was put on hold after several request were made to the government to review the agreement
Lanka Private Bus Owners’ Association (LPBOA) President Gemunu Wijeratne, during a news conference yesterday (Dec 22) claimed that the country is losing Rs 1 billion owing to traffic congestion.
"There is a possibility of establishing an efficient bus service through the MCC agreement," Wijeratne stated.
The Committee on High Posts has approved the nomination of Former Air Force Commander Air Chief Marshal (Retd.)
Former Chairman of SriLankan Airlines, Nishantha Wickramasinghe, arrested on allegation of corruption by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) has been remanded until July 1 by the Colombo Magistrate court.
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