A Norwegian team of consultants are due this week to negotiate funding for coastal economy development, Finance Minister, K N Choksy told Lanka Business Online.
rnrnldblquote The project will not be limited only to North and East. The Norwegian team will evaluate the entire coastal belt of Sri Lanka for potential development projects
dblquote , minister Choksy said.
rnrnThe ongoing peace process has received commendations from the international donor agencies.
rnrnYesterday, Asian Development Bank President Tadao Chino declared the bank
quote s commitment to fund rehabilitation efforts in the North and East.
rnrnDespite economic euphoria created by the expectations of peace, nationalist hardliners continue protest against the Norway
quote s involvement in the negotiations, alleging the facilitators are upgrading a terror organisation to a legitimate army through the peace process.rn