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

A Silent Guardian of Sri Lanka’s Agriculture and Environment

Colombo LNW : Despite the many dimensions of Sri...

A 40-year odyssey: Four friends, one unbreakable bond

For four friends, life began in the bustling corridors...

The Wisdom to Let Live: Land, Faith, and the Courage of Restraint

By Roger Srivasan Long ago, an ancient parable told...

Khaleda Zia (1945–2025) — Obituary

By Faraz Shauketaly Khaleda Zia, who has died at the...