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sashimaal
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 ADB looks team up with China's AAIB to finance Sri Lanka Empty ADB looks team up with China's AAIB to finance Sri Lanka

Tue Feb 23, 2016 7:29 pm
Message reputation : 100% (1 vote)

ECONOMYNEXT - Manila-based Asian Development Bank is looking to team up with China's Asian Infrastructure Investment Bank to co-finance projects to Sri Lanka and several other nations, a top official said.

"ADB is happy to co-finance with AAIB," ADB President Takehiko Nakao told reporters in Colombo.

"Sri Lanka is one possible country to start co-financing."

Nakao said AAIB was expected to be up and running with staff in place by the second quarter of 2016.

"There are several projects we are looking at," he said, without elaborating.

He said ADB had office and staff in place who had technical capacity and knowledge which could be used by the AIIB.

The Export Import Bank of China and China Development Bank have been large financiers of infrastructure in Sri Lanka, while there have been several Renminbi denominated loans from the government of China as well.

China and ADB - which is mostly controlled by Japan -, and the Japan International Co-operation has earlier financed sections of Sri Lanka's first expressway running from Colombo to the south of the island.

Nakao said ADB will ramp up its lending from around 500 million US dollars in the past three year to around 700 million dollars which will total 2.0 billion dollars in the three years from 2016, up 30 percent from the past three years.

"We can even increase it with budgetary support loans," he said.

ADB is shifting it loans from basic roadways and education to expressways and higher education.

Sri Lanka had to fix the budget deficit which had deteriorated, he said.

Sri Lanka's rulers in 2015 raised salaries to state workers and subsidies to special interest groups pushing the burden to a level ordinary people could not afford. The central bank then printed money, leading to a collapsed of the rupee.

nihal123
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 ADB looks team up with China's AAIB to finance Sri Lanka Empty Re: ADB looks team up with China's AAIB to finance Sri Lanka

Tue Feb 23, 2016 11:31 pm
ලංකාවට දෙන ADB ආධාර ඩොලර් මිලියන 700 දක්වා ඉහළට

ආදායම වර්ධනය කර ගැනීම හා අයවැය පරතරය අඩු කර ගැනීම කෙරෙහි රජයේ අවධානය යොමු විය යුතු බව දෙදින නිල සංචාරයක් සඳහා මෙරට පැමිණී ආසියානු සංවර්ධන බැංකුවේ සභාපති ටකෙහිකො නකොආ මහතා පැවසීය. ඒ මහතා මේ බව සඳහන් කළේ අද (23) පැවති මාධ්‍ය හමුවකට එක්වෙමිනි.

ශ්‍රී ලංකාව ආදායම් ඉහළ නංවා ගැනීම කෙරෙහි දැඩි ලෙස අවධානය යොමු කළ යුතු බවත් ජාත්‍යන්තර මූල්‍ය අරමුදල සමග සාකච්ඡා කර ඇති ණය මුදල ලබා ගැනීම මෙහිදී වඩා ඵලදායී වනු ඇති බවත් ඒ මහතා පැවසීය.

මේ අතර ආසියානු සංවර්ධන බැංකුව ශ්‍රී ලංකාවට සපයන වාර්ෂික ණය මුදල ඇමරිකානු ඩොලර් 500 සිට ඩොලර් 700 දක්වා ඉහළ නැංවීමට 2016 වසරේ පටන් තීරණය කර තිබේ.

පසුගිය වසර තුන තුළ ඩොලර් බිලියන 1.5 ක මුදලක් ආසියානු සංවර්ධන බැංකුව විසින් ශ්‍රී ලංකාවට ලබා දී ඇති බවත් ඉදිරි වසර තුනක කාලය තුළ තවත් ඩොලර් බිලියන 2 ක ආධාර මුදලක් ලබා දීමට කටයුතු කරන බවත් ආසියානු සංවර්ධන බැංකුවේ සභාපති ටකෙහිකො නකොආ මහතා මෙහිදී වැඩිදුරටත් පැවසීය.
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