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Minister refutes UNP Leader’s claims:
Donor funds used properly
Chaminda PERERA
Media Minister Lakshman Yapa Abeywardena said the Government has
ensured that the funds disbursed by the donor countries and lending
agencies are properly utilised for the country’s development. He said
the country has received over US$ 772 million up to September 15 and the
Government is hopeful that this figure will rise to US$ 1,350 million by
December.
The Minister refuted the UNP Leader’s allegations that the foreign
funds disbursed by the donor countries and the lending agencies are
being channelled in to the pockets of politicians. “The country has
entered a new phase to bring the dividends of development to the people
after the Security Forces eradicated terrorism. Minister Abeywardena
stressed the people all over the country feel that the Government is for
the development of the country. “Massive development projects are going
on in each village and the villagers know better than any others how
their villages are being developed by the Government,” he said.
The Japanese and Chinese Governments have provided over US$ 77.90
million and US$ 190.30 million this year.
India has secured the third place in extending financial assistance
to Sri Lanka by providing over US$ 29.60 million upto September this
year.
China provided US$ 60.05 million last year and it has been increased
to US$ 77.90 by September this year.
The Indian Government extended financial assistance to the tune of
US$ 0.54 million last year and their assistance has topped US$ 29.60
million by September 15.
Among the lending agencies, the Asian Development Bank and the World
Bank are in the forefront in supporting Sri Lanka after the Government
eradicated terrorism from the country.
Disbursements by Donor/Creditor 2006 to 15th September 2009 (in USD mn)
Donor 2006 2007 2008 2009
China 11.81 184.67 60.05 77.90
Germany 108.40 79.95 37.20 2.80
India 21.48 14.67 0.54 29.60
Japan 302.65 232.18 289.63 190.30
Korea 19.80 38.88 16.99 1.60
United States 28.64 32.20 30.59 3.60
Other Bilateral 52.56 80.90 74.65 80.80
ADB 202.73 173.68 291.34 138.70
World Bank 166.86 121.97 145.23 65.20
UN Agencies 90.82 36.28 103.73 18.60
Other Multilateral 50.13 60.40 54.62 33.90
Export Credit 93.23 79.61 154.52 129.82
Total 1149.11 1,135.39 1,259.09 772.82 |
