Verité Research unveils Sri Lanka’s grant data worth USD 8.9 Bn

13 February 2025 07:10 pm Views - {{hitsCtrl.values.hits}} 9 Bookmark

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Colombo, Feb 13 (Daily Mirror) - Since its independence, Sri Lanka has been a recipient of bilateral and multilateral grants, which have supported a range of initiatives such as knowledge transfers, health and education improvements, infrastructure development and vital humanitarian assistance.

However, detailed information on these grants has not been widely accessible.

To fill this gap, Verité Research has developed an interactive report visualizing data on all formal grants received by the Sri Lankan Government between 1973 and 2023—a 50-year span.

The report offers an in-depth analysis of 2,237 foreign grant commitments totalling USD 8.9 billion over five decades. It highlights key donors, priority sectors, notable projects and trends in grant receipts.

The data for this comprehensive study was provided by the External Resources Department (ERD) of Sri Lanka’s Ministry of Finance.

According to the data, Japan and the UN have been the largest providers of grants to Sri Lanka, with China and India significantly increasing their grant assistance since 2010.

Full report

Comments - 9

karu Thursday, 13 February 2025 07:20 PM

Also need a depiction what has taken in return

3 1

Sumudu Ksndamby Thursday, 13 February 2025 07:36 PM

What is a grant? Is it not required to pay back?

3 3

Ranjan Thursday, 13 February 2025 11:49 PM

Yes

0 0

Ralahamy Friday, 14 February 2025 02:30 AM

There is no free lunch

2 1

Gunapala Saturday, 15 February 2025 07:28 PM

Ralahamy, Some of the Mahaweli dams and power stations were absolutely grants and the country is still reaping enormous economic benefits from them

0 0

sach Thursday, 13 February 2025 10:21 PM

How much did Verite get from USAID?

3 1

Suruppa Daya Saturday, 15 February 2025 03:34 PM

Dr. Nishanth De Mel, who is the face of this organisation was personally one of the largest recipients of USAID funding. USAID was used, as per the new US President and government for political and illegal affairs such as regime changes.

0 1

wsw Friday, 14 February 2025 05:35 AM

Still one of the poorest countries on the planet.

2 3

Chammika Wickramasuriya Friday, 14 February 2025 01:51 PM

Wrong. SL is a middle income nation with one of the highest per capita GDP in South Asia. Check your figures.

0 1

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