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World Bank pledges continuous assistance


World Bank Vice Chairman for the South Asia Region Isabel Guerrero called on President Mahinda Rajapaksa at Temple Trees yesterday. Picture by Chandana Perera

World Bank's Vice President for South Asia Isabela Guerrero has said they are ready to provide 900 million US dollars to Sri Lanka for the coming five years to help the Government's development activities in the Eastern Province.

She has promised further aid to Sri Lanka to develop the North once the region is liberated from the LTTE terrorists.

She made these observations at Temple Trees yesterday at a meeting with President Mahinda Rajapaksa.

The World Bank's Country Director Naoka Ishii, Presidential Secretary Lalith Weeratunga ad Treasury Secretary Dr. P.B. Jayasundara were present on this occasion. The World Bank's Vice President for South Asia, Guerrero had told the President that most states in the world, which are faced with the threat of terrorism are now emerging from that threat by eliminating terrorism.

She said, Sri Lanka is aggressively moving forward on the path of development as country in the South Asian region.

Sri Lanka can get better results with more private- public sector participation in its development activities, she said.

 

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