PM urges Public Finance Committee to Probe on suspension on projects funded by India and Japan

8 June 2022 09:44 am Views - 191

By Yohan Perera and Ajith Siriwardana  

Prime Minister Ranil Wickremesinghe yesterday urged the Parliamentary Committee on Public Finance to conduct an inquiry into the suspension of such valuable projects granted to Sri Lanka by its longtime allies for unstated reasons.  “Japan is our longtime friend. A nation that has helped our country greatly. 

However they are now unhappy with us due to the unfortunate events of the past. Our country had failed to formally notify Japan of the suspension of certain projects.  Sometimes the reasons for these suspensions were not even stated ,the Prime Minister said.  


“Japan had agreed to provide about $ 3 billion worth of projects to our country by 2019. All of these projects were put on hold for no reason. I urge the Parliamentary Committee on Public Finance to conduct an inquiry into the suspension of such valuable projects granted to us by our longtime allies for unstated reasons,” he added. .

  
“Despite alienating these friendly nations, India offered to help us in the face of the growing crisis. We express our respect and gratitude to them during this difficult time. We are also working to re-establish old friendships with Japan,” he also said.