Rs. 2.3 bn Swedish grant for

The Swedish Govt. extended a 2003 development cooperation agreement with Sri Lanka, making a fresh grant of Rs. 2.3 bn available over 2006 and 2007. The Swedish Govt. extended a 2003 development cooperation agreement with Sri Lanka, making a fresh grant of Rs. 2.3 bn available over 2006 and 2007. The funding will fund peace initiatives, democracy, human rights, pro poor growth and help in post tsunami rehabilitation.

A statement on Monday said that the projects to be funded under the Swedish development cooperation will be identified jointly by the two governments within the priority areas.