Cabinet approval has been granted to take the necessary measures to receive Japanese Yen 1,600 million as grants under the Japanese Economic and Social Development Programme for several development projects in Sri Lanka.
The Japanese Government has expanded its corporation to grant immediate humanitarian grants to the communities devastated by the present economic crisis prevailing within Sri Lanka and by empowering the government sector to upgrade the economic situation of the country.
Accordingly, the Government of Japan has agreed to grant approximately Rs. 3.3 billion to implement the following projects under the Japanese Economic and Social Development Programme.
- Response and management enhancement project for oil spills of Sri Lanka Coastal Defense Force.
- The project to supply assisting equipment for maternal and infant treatments in the main hospitals of the Northern province.
- The project to distribute assisting equipment for garment courses in vocational training centres of the Northern province.
- Project to award assisting equipment for the security of fishermen in Northern and Eastern provinces.
Accordingly, the Cabinet approved the proposal presented by the President, in his capacity as the Minister of Finance, to sign the exchange papers and other relevant documents with the Government of Japan to receive donation grants under the Japanese Economic and Social Development Programme for the implementation of the said projects. (NewsWire)