header logo
Latest
World Bank decides to double funds granted to Sri Lanka
Apr 21, 201104:58 PM
World Bank decides to double funds granted to Sri Lanka
Mobitel inner 1278

The World Bank has decided to take steps to double the amount of aid granted to Sri Lanka stated Dr. Sarath Amunugama Senior Minister of International Monetary Co-operation.  The minister stated this at a press briefing following his return to the island after participating in the Annual World Bank Committee Meeting.

 

He stated that these funds would be utilized for the development of education, health and many more sectors.

 

Amunugama also stated that they hope to increase the economic growth rate of Sri Lanka to 9% by next year.

 

He further added that at a time when most economies in the world were facing a crisis situation the performance of the Sri Lankan economy has indeed been exemplary.

 

 

 

Disclaimer: All the comments will be moderated by the AD editorial. Abstain from posting comments that are obscene, defamatory or slanderous. Please avoid outside hyperlinks inside the comment and avoid typing all capitalized comments. Help us delete comments that do not follow these guidelines by flagging them (mouse over a comment and click the flag icon on the right side). Do use these forums to voice your opinions and create healthy discourse.

Comments

0
Comments are disabled

Note: Due to legal constraints, the Ada Derana Editorial team has taken a decision to disable comments on all articles concerning ongoing court procedures.

MostRead
Mobitel 1278
VideoStories
UNP turns 80;  Ex-President Ranil leads  anniversary celebrations at Sirikotha

UNP turns 80; Ex-President Ranil leads anniversary celebrations at Sirikotha

“Decisions taken in the interest of people will not be reversed”  - President at Bulathsinhala rally

“Decisions taken in the interest of people will not be reversed” - President at Bulathsinhala rally

Farmers plead for fair price for paddy stocks; Unions threaten to sabotage President's A’pura rally

Farmers plead for fair price for paddy stocks; Unions threaten to sabotage President's A’pura rally

El Niño cripples Sri Lankan lives; Shortage of water reported in several districts

El Niño cripples Sri Lankan lives; Shortage of water reported in several districts

Litro Gas prices reduced; Milk tea and plain tea prices slashed

Litro Gas prices reduced; Milk tea and plain tea prices slashed

Over 100,000 people affected by prolonged drought in Sri Lanka

Over 100,000 people affected by prolonged drought in Sri Lanka

“This isn’t something new; Namal was imprisoned before, and so was I”

“This isn’t something new; Namal was imprisoned before, and so was I”

 Deadline ends for written submissions in relation to 22nd Amendment petitions

Deadline ends for written submissions in relation to 22nd Amendment petitions

Energy Minister assures uninterrupted power supply despite coal shortage

Energy Minister assures uninterrupted power supply despite coal shortage

SJB stages protest in Colombo against proposed 22nd Amendment Bill

SJB stages protest in Colombo against proposed 22nd Amendment Bill

Supreme Court concludes hearing of petitions challenging 22nd Amendment Bill

Supreme Court concludes hearing of petitions challenging 22nd Amendment Bill

Supreme Court concludes hearing of petitions challenging 22nd Amendment Bill

Supreme Court concludes hearing of petitions challenging 22nd Amendment Bill

 Sri Lanka approves US$1 million aid package for flood-hit Nepal

Sri Lanka approves US$1 million aid package for flood-hit Nepal

International drug trafficking network probed after 472kg of ‘Ice’ seized from Colombo Port

International drug trafficking network probed after 472kg of ‘Ice’ seized from Colombo Port

 Ex-Minister Piyankara Jayaratne convicted; Sentenced to seven years of rigorous imprisonment

Ex-Minister Piyankara Jayaratne convicted; Sentenced to seven years of rigorous imprisonment

Lassana Flora