Japan to Resume Development Projects in Sri Lanka Following Economic Reforms

Date:

June 28, Colombo (LNW): The Japanese government has decided to restart development projects in Sri Lanka that were previously suspended, due to the country’s progress in implementing economic reforms.

Japanese envoy in Colombo, Misukoshi Hideaki, announced that steps will be taken to resume these projects after the relevant Memorandums of Understanding (MoUs) regarding debt restructuring are signed.

Speaking at a press conference in Colombo, the Ambassador expressed satisfaction over the signing of debt restructuring agreements with bilateral creditors and reaffirmed Japan’s commitment to supporting Sri Lanka.

Share post:

spot_imgspot_img

Popular

More like this
Related

Fairway Holdings Launches Its 7th Luxury Apartment Project, “Fairway Latitude”

Fairway Holdings, a leading condominium developer in Sri Lanka,...

Roads Cleaned, Beaches Ignored: Dehiwala–Mount Lavinia Municipal Council Under Fire

A serious environmental crisis has emerged along the coastal...

STATEMENT OF THE BASL REGARDING THE OFFICE OF ATTORNEY GENERAL

The Bar Association of Sri Lanka (BASL) is deeply...

SLBFE Enforcement Action Delivers Results for Migrant Workers in 2025

Deputy Minister of Foreign Affairs and Foreign Employment Arun...