News

Govt. received international funding owing to clear economic policy : Finance Minister

18 June 2019 - 64   - 0

Finance Minister Mangala Samaraweera today (Jun 18) said the government has received international funding due to the country's clear economic policy and not because of personal friendships.

Addressing Parliament, he pointed out that funding received from the International Monetary Fund (IMF), Millenium Challenge Corporation, and the Asian Infrastructure Investment Bank (AIIB) were some examples to this.

Mr. Samaraweera further stated that developing entrepreneurs, empowering the people, encouraging exports, and strengthening the country's health and education sectors while developing infrastructure were vital for a country's progress.

Accordingly, the Finance Minister noted that the Treasury would provide grants of Rs 100 million for each electorate under the Gamperaliya (Rapid Rural Development) programme in future.

He also said that Rs 8 billion will be allocated to develop 800 religious places of worship.

On the same lines, Mr. Samaraweera noted that the government would strive towards preventing the propogation of extremist ideologies, while also eliminating hate and animosity between communities.

  Comments - 0

  • Leave a comment





style="display:inline-block;width:300px;height:250px"
data-ad-client="ca-pub-6200193111498313"
data-ad-slot="1999573490">

 

Features & Analysis

In Pictures : French National Day

The French National Day was held recently at the Colombo Hilton. Captured here are images from the evening. Pix by Am...

SOS Children’s Village celebrates 100th birth anniversary of its founder

SOS Children’s Villages Sri Lanka recently celebrated ‘SOS Day’ honoring the 100th birth anniversar...

Car-free day draws a crowd

Colombo’s first open street concept day saw residents reclaiming their streets from Green Path to Independ...

Reviving our island spirit - #DineEscapeRebuild

The Island Story, a brand new travel company with a fresh perspective on travel is collaborating with Botanik Rooftop...



style="display:inline-block;width:300px;height:250px"
data-ad-client="ca-pub-6200193111498313"
data-ad-slot="1999573490">