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Japan provides US$ 330 million for five projects in Sri Lanka
Wednesday, 25 June 2008 - 4:17 AM SL Time
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Japan has provided US$ 330 million (approximately 36 billion rupees) to Sri Lanka under its yen loan scheme to assist in the development efforts of the country.
It is offered on concessionary terms and administered by the Japan Bank for International Cooperation (JBIC).
The loan package will support the financing of five projects including Poverty Alleviation Micro Finance Project, which will provide credit facilities to the people living in lagging regions including the Northern and Eastern provinces and Energy Diversification Enhancement Project. The other three are extensions of on going projects funded by Japan.
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whatreallyhap
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Joined: Dec 2006
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 25 Jun 2008 04:31:28 GMT Report for Abuse
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| And how mush will be going in to MR account? |
SenaM
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 25 Jun 2008 19:22:39 GMT Report for Abuse
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Wrh
You are good at asking this question of us .. Do you not see, the corresponding question: How much of the 'diaspora contribution' (money) goes to 'feed' and 'arm' the LTTE .. And how much goes-in to the 'pockets' of VP and his 'army of collectors' .. are equally valid ?
Edited By - SenaM - 25 Jun 2008 20:01:52 GMT |
gamiya
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 26 Jun 2008 02:54:09 GMT Report for Abuse
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| Obviously, Traitor Ranil cannot succeed all the time in Cutting Financial help for Sri Lanka |
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