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Transforming future Sri Lanka into a technologically driven country, the government hopes to transform ICT / BPM businesses into a USD 3 billion export sector soon, addressing the Parliament, President Gotabaya Rajapaksa said.
Ceremonially opening the 2nd Session of the 9th Parliament on Tuesday ....
by Steve A. Morrell Agence Francaise de Development Group (AFD), a development bank and cooperation agency, owned by the French government, implements France’s policy on development finance. The institution’s mandate encompass extending development financial assistance to the public sector to accelerate growth and transition towards a more sustainable world. AFD’s Country Director Reda Souirgi, with the Ambassador for France in Sri Lanka and the Maldives, Eric Lavertu and Deputy Head of Mission, Aurelien Mailet explained a wide cross section of development aid projects ongoing and projected for implementation that would benefit Sri Lanka, at a news conference in Colombo recently. ....
HomeNews FeaturesAFD aims to transition SL towards a sustainable economy AFD aims to transition SL towards a sustainable economy 25 December 2020 03:17 am - 0
The French Agency for Development (AFD) started operations in Sri Lanka back in 2005 as part of a post-tsunami intervention. As a development bank and corporation agency owned by the French Government it implements France’s policy in the area of development and international solidarity. AFD teams are active in over 4000 projects in as many as115 countries which includes middle income, low income, emerging economies and crisis areas to promote the ‘common goods’. These include climate, biodiversity, peace, gender equality, education and health. It is in fact France’s way of contributing to the commitment France and the French people have made to achieve the Sustainable Development Goals and to financially support the developing countries in implementing the Paris Agreement on Cli ....
Looking to increase non-sovereign loans by 20%-25% Fresh funding options open to both public and private sectors SL has sought Euro 200 m as COVID-19 emergency funds in March but yet to be approved By Shihar Aneez
The Agency of France Development (AFD) is ready to raise the portfolio of non-sovereign debt to as much as Euro 400 million available in the next three years to Sri Lanka’s public and private sectors given the island nation’s tight fiscal situation, the AFD’s Sri Lanka Country Director Reda Souirgi said on Friday. The AFD, since it started to finance funding to Sri Lanka in 2005, has disbursed Euro 700 million to the Government and Euro 270 million to the private sector. Some of the projects are still continuing and more financing options are under discussion. ....