Japan to Resume Development Projects in Sri Lanka Following Economic Reforms

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

Chemmani is a burial ground, not a mass grave: Report

Chemmani is a burial ground, not a mass grave: Report

HNI Manoj Cooray Appointed Deputy Treasurer of UNP

HNI Manoj Cooray Appointed Deputy Treasurer of UNP

SLPP to Launch Island wide Village Level Meetings Starting Tomorrow – Johnston Fernando

November 01, Colombo (LNW): The Sri Lanka Podujana Peramuna...

X-Press Pearl: A Billion-Dollar Judgment Exposes the Limits of International Environmental Accountability

X-Press Pearl: A Billion-Dollar Judgment Exposes the Limits of International Environmental Accountability