DIRECTION 9 is a Media for Development

Mar 10, 2007

Rs. 1,380 million Japanese grant for two Lankan projects

The Japanese Government has provided a grant of Japanese Yen 1,530 million (Rs. 1,380 million) for two projects under its grant aid programmes.

One grant amounting to Rs. 1,080 million is provided under the general non-project grant aid programme. The grant’s purpose is to contribute to the promotion of economic development efforts through balance of payment support.

This is the third grant offered under this programme to Sri Lanka by the Japanese Government. The grant’s proceeds will be used to import goods as agreed between the two Governments.

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