Rs. 5,000 m ADB aid for local bodies
COLOMBO: The Asian Development Bank (ADB) has allocated Rs.
5,000 million for the development of infrastructure needs and other
services of Local Bodies, Provincial Councils and Local Government
Minister Janaka Bandara Tennakoon said.
He was speaking at a national level workshop on income generation of
local authorities and livelihood development at the Sri Lanka Foundation
Funds will be granted as a loan to every Local Government Institution
for their own income generation projects.
It will be released through the Local Loan and Development Fund after
evaluating their suitability, Tennakoon said.
The Minister appealed to Heads of Local Bodies not to misuse public
Local Heads must think wisely and work hardly to defeat financial
challenges of their council, Tennakoon added.
A Cabinet paper will be forwarded shortly to get approval for duty
free vehicles for all Local Government Heads, he said. Ministry
Secretary Cashion Herath said vacancies in Local Government Services
will be filled soon.
Twenty-four tractors and trailers were distributed among 17 Heads of
Local Bodies by the Minister.