Business Times

EU increases aid to Rs.8.4billion for 'Renewed Partnership’ with Sri Lanka

The Delegation of the European Union to Sri Lanka and the Maldives announced this week that an indicative budget of Rs.8.4 billion (EUR 60 million) has been allocated in grants as the second part of the European Union (EU) Country Strategy for Sri Lanka spanning the 2007 - 2013 period, for new operations to be committed for 2011 - 2013.

A press release stated that with the adoption of the Indicative Programme 2011-2013 for Sri Lanka on 17 June 2010, the EU focuses on the needs of vulnerable communities, in particular those affected by the conflict which came to an end in 2009, and supports positive developments towards peace, consolidation and reconciliation.

The programme will mainly focus on medium-term assistance in the North and East of the country. Activities will follow with projects being carried out under the first indicative programme 2007-2010 and complement and pursue the emergency relief provided by the European Commission’s Humanitarian Aid Office (ECHO).

The press release further stated that during the 2007-2010 period, the EU’s project work included socio-economic measures to support conflict-affected returnees and host communities in Sri Lanka. Ongoing or foreseen activities aim mainly at improving livelihood opportunities and rehabilitation.

Together with complementary EU funds for housing and food security, the overall portfolio of projects decided in 2008 and designated as the ‘EU-Assistance to Conflict Affected People’ (EU-ACAP) amounts to EUR 53.2 million.

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