Tuesday, October 18, 2016

European Union To Grant A Financial Aid Of Euros 210 Million To Sri Lanka Upto 2020

The European Union has decided to grant Sri Lanka Euros 210 milion (Around Rs.34 bilion ) as financial aid upto the year 2020 an amount doubled than the previous aid granted during 2007-2013 it has been reported.

It has been revealed during the talks held between visiting Sri Lankan Prime Minister Ranil Wikramasimghe and the Vice President of the European Commission Federica Mogherini at Belgian Capital Brussels regarding GSP+ Application and several other issues.

Under the financial aid European Union will finance several projects including the government's peace building priority plan ,resettlement of internally displaced persons and supporting development programmes in Sri Lanka's poorest areas.

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