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Kandy – Sri Lankan received over US$ 2.2 billion worth of financial pledges during a donor parley on Monday amidst stiff protest from Buddhist clergy against a joint mechanism to deliver tsunami aid to rebel held areas, officials said.Kandy – Sri Lankan received over US$ 2.2 billion worth of financial pledges during a donor parley […]
Watawala rolls out capital expansion plans while stepping up exposure to minor crops
Watawala Plantations is infusing Rs.158 million through a capital development drive to upgrade its tea and rubber sector, the firm said on Monday. Expansion plans include Rs. 85.93 million to set up a fully automated tea blending and cleaning plant, planting new tea on 13 hectares of land and replanting 25 hectares of rubber.To reduce […]
Sri Lanka expects up to US$ 338 million in debt relief and moratoriums in 2005
Sri Lanka expects up to US$ 338 million in debt relief and moratoriums in 2005 form bilateral partners, to help tied over the cost of post-tsunami reconstruction, the External Resources Department said in a pre-Development Forum report.Sri Lanka expects up to US$ 338 million in debt relief and moratoriums in 2005 form bilateral partners, to […]
Sri Lanka unveiled a new development strategy for six to eight percent growth in the next five years
Sri Lanka unveiled a new development strategy for six to eight percent growth in the next five years, to international donors at the Development Form in Kandy.Sri Lanka unveiled a new development strategy for six to eight percent growth in the next five years, to international donors at the Development Form in Kandy. Finance Minister […]
JHU takes protest against the proposed joint mechanism to the Kandy Development Forum
Kandy, Sri Lanka: Buddhist monk legislator Athuraliya Ratana makes an unscheduled address at a meeting of international aid donors in Kandy, Sri Lanka 16 May 2005 denouncing President Chandrika Kumaratunga’s plans to enter into a controversial deal with Tiger rebels. AFP PHOTO/LR/aj The Jathika Hela Urumaya (JHU) – a political party made up of Buddhist […]
‘s expectations well realized at the Development Forum
Finance Minister Sarath Amunugama says the government’s expectations have been well realized at the end of the first day’s sessions at Sri Lanka Development Forum 2005.Finance Minister Sarath Amunugama says the government’s expectations have been well realized at the end of the first day’s sessions at Sri Lanka Development Forum 2005. The two day forum […]
Opening speeches underline sharp differences in the thinking of a typical third world country and donors
The opening speeches at Sri Lanka’s annual aid and policy review conference, underlined the sharp differences in the thinking of a typical third world country and donors who try to prevent governments from following policies that impoverish its citizens.The opening speeches at Sri Lanka’s annual aid and policy review conference, underlined the sharp differences in […]
President tells donors that a solution would be found to the problem of channelling aid to LTTE controled areas
Sri Lanka’s President Chandrika Kumaratunga told international donors that a solution would be found to the problem of channelling aid to the tsunami stricken areas controlled by the Tamil Tigers, a move that is strongly opposed by a coalition ally in her government.Sri Lanka’s President Chandrika Kumaratunga told international donors that a solution would be […]
Background papers presented by Sri Lanka at the May 16-17 Development Forum.
Background papers presented by Sri Lanka at the May 16-17 Development Forum.Background papers presented by Sri Lanka at the May 16-17 Development Forum. Government Presentations
Politics steals the thunder from Sri Lanka’s aid parley
KANDY, Sri Lanka – Sri Lanka’s hopes to firm up two billion dollars in pledged tsunami aid at a donor meeting here Monday will be overshadowed by political chaos, deadlocked peace talks with Tamil Tigers and delayed economic reforms, diplomats said.“The bilateral donors are looking more at the politics while multilateral lending institutions are keen […]