Bangladesh and Sri Lanka can greatly enhance bilateral cooperation in the areas of investment, agriculture, fisheries, pharmaceuticals, maritime connectivity and higher education, Bangladeshi Prime Minister Sheikh Hasina said on Wednesday.
Director of the Asia and Pacific Department of the International Monetary Fund (IMF), Krishna Srinivasan has stated that the debt relief Sri Lanka currently awaits is expected to contribute USD 17 billion to close the Balance of Payments (BOP) financing gap from 2023 – 2027.
Japan is ready to offer more employment opportunities for Sri Lankans with improvement of the country’s job availability ratio as employers looked to hire in preparation for a rebound in inbound tourism and other sectors following the removal of the nation’s pandemic-related daily arrival cap.
The government of Sri Lanka launched a project for a passenger ferry service between the port of Kankasanthurai, Sri Lanka and Pondicherry, India to provide a more affordable and convenient mode of transportation.
The Asian Development Bank is considering more concessionary funding for Sri Lanka and support for green bond issues as part of its assistance to help the South Asian nation recover from its worst economic crisis in decades.
