EU promises Euro 210 M. to SL

18 October 2016 11:07 pm - 11 - {{hitsCtrl.values.hits}}

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The European Union announced in Brussels today that it would provide a sum of Euro 210 million (the equivalent of Rs. 34 billion) to Sri Lanka for its development up to year 2020.

A statement issued by the Prime Minister's office said this was twice as much as the aid received during the years 2007 to 2013.

European Union is to provide this aid for the establishment of sustainable development, the resettlement of internally displaced persons and the development of poverty stricken areas in Sri Lanka.

Sri Lanka has been commended by the European Union for the progress it has made during the past 21 months. (Yohan Perera)

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Comments - 11

Ahmed Wednesday, 19 October 2016 02:28 AM

are they giving this money free without any conditions ? lets hope this is not another loan our country borrows

Jiffry Haniffa Wednesday, 19 October 2016 06:03 AM

Great achievement by Yahapalanaya good work

Sharon Wednesday, 19 October 2016 06:50 AM

A promise like VW factory Pretty sure since it is coming from PM office via DM iOS App

anja Wednesday, 19 October 2016 07:23 AM

interest will be fedaral via DM Android App

cheers Wednesday, 19 October 2016 07:59 AM

People get ready another bill to be foot by the tax payer

Selvyn Wednesday, 19 October 2016 08:26 AM

This is what the nation needs from the rulers not entagonising with world leaders via DM Android App

H Wednesday, 19 October 2016 08:48 AM

Prime Minister proudly announcing that aid is the highest received to us ever. Begging from the rest of the world. Thats what well always be. via DM iOS App

Kaboos Wednesday, 19 October 2016 09:00 AM

Country heading for a bright future.

southpaw Wednesday, 19 October 2016 10:12 AM

Good Move ! Now this extra cash be used to buy Luxury Vehicles for our Wonderful MPs and thier Families and Friends before the budget of 2017/2018.

George Harry Thursday, 20 October 2016 08:10 AM

This very aid not for the Central Government, but for Sampanthan and Wigneshwarn.

Akila Wednesday, 19 October 2016 10:51 AM

Make some viable industrial investments and build some infrastructure in the rural areas so that people can work and contribute to the country's economy.

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EU promises Euro 210 M. to SL

Comments - 11

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