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Friday, May 03, 2013 - 06.29 GMT
Japan ready to continue support Sri Lanka Deputy PM of Japan


Japan will continue to support Sri Lanka if peace is maintained and with the economy also on a growth path, visiting Japanese Deputy Prime Minister and Finance Minister Taro Aso said.

"Considering that the Sri Lankan economy keeps on the current growth trajectory and given that peace and security would be maintained in this country, then Japan is a position to support Sri Lanka," the Deputy premier told reporters in Colombo yesterday.

Since 1978 Japan has provided 1.1 trillion rupees worth aid to Sri Lanka.

Sri Lanka is the largest foreign recipient of Japanese foreign aid per person. Japan has funded roads, hospital, ports, airports and power plants. The Japan International Co-operation also said it is ready to finance a mass rapid transit system in Colombo.

Japan's expansionary policy which is aimed at expanding economic activity will also benefit other Asian nations, the Japanese Finance Minister added.





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Last modified: May 03, 2013.

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