Reply To:
Name - Reply Comment
Last Updated : 2024-05-11 18:53:00
Japan's Deputy Director General for Press and Diplomacy Yukiko Okano briefing journalists on the discussions between the two nations, said that a number of investment proposals had been put forward by the Sri Lankan government for Japan's consideration.
"The President raised several projects for Japan's favourable consideration," she said. However, Japan's focus at present would be to assist the debt restructuring process as quickly and smoothly as possible, Okano said.
Specific projects, such as the scrapped Light Rail Transit (LRT) project which was to be funded by the Japanese government, were not discussed during this meeting, the official said.
Okano stressed that new lending has to come only after a favourable outcome is reached with Sri Lanka's debt restructuring efforts. “As a responsible lender, we shouldn't be lending money to countries already in debt," Okano said. The Japanese government however will be discussing these projects with the Sri Lankan government, she added.(Kalani Kumarasinghe)
Siripala Saturday, 29 July 2023 06:11 PM
Well said and make sense.
Amaran Saturday, 29 July 2023 07:26 PM
Hope our President reads this sentence carefully - "we shouldn't be lending money to countries already in debt,"
Real Truth Sunday, 30 July 2023 05:52 AM
While this is the REAL TRUTH the President's office issued a statement implying that the Japanese government is considering these projects. In fact according to this LRT was NOT even discussed
Sambo Sunday, 30 July 2023 07:53 AM
Well said madam.
Punchi Sunday, 30 July 2023 12:58 PM
This is a nice way of Japan which has the highest public debt to GDP at 257% in the world saying that no more money from us
LRT operation Sunday, 30 July 2023 02:19 PM
Appoint Gota as the project manager who is living at the expense of people and Champika as the project engineer.
Cherath Sunday, 30 July 2023 04:21 PM
Surely any respectable lender wouldn't just offer funds for infrastructure development without first ensuring every cent still outstanding is accounted for. They would facilitate the repayment by agreeing to write off a small % and extending the period. The beneficiary if course will have to guarantee that the balance is paid regularly without defaulting. You cannot expect to get free lunches!
Abd Sunday, 30 July 2023 05:28 PM
Our country is bankrupt due to rogue politicians present one,no mandate and equally cheat as previous regime, hoarding people’s wealth for personal use in dollars,before coming to terms its good for Japan think twice with whom you are dealing with
Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.
Reply To:
Name - Reply Comment
US authorities are currently reviewing the manifest of every cargo aboard MV
On March 26, a couple arriving from Thailand was arrested with 88 live animal
According to villagers from Naula-Moragolla out of 105 families 80 can afford
Is the situation in Sri Lanka so grim that locals harbour hope that they coul
11 May 2024
11 May 2024
10 May 2024
09 May 2024
09 May 2024