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Foreign Currency Term Financing Facility (FTFF) for the Government of Sri Lanka - 2020

 

In response to the notice calling for Request for Proposals (RFPs) for FTFF dated 17.06.2020 and 29.06.2020 it is informed that as at  17 .07.2020 the following proposals have been received:

a.      Hongkong and Shanghai Banking Corporation Limited and/or its affiliates, State Bank of India, Singapore Branch, and Credit Suisse AG, Singapore Branch, and/or its affiliates

b.      Acuity Partners (Pvt) Ltd  and Industrial & Commerce Bank of China (London) PLC

Sgd: Secretary, Ministry of Finance, Economic and Policy Development/Secretary to the Treasury.

17.07.2020

 

 

 Japan Provides Human Resources Development Scholarships for the

Sri Lankan Public Sector

 

    The Japanese Grant Aid for Human Resources Development Scholarship (JDS) Programme was introduced in Sri Lanka in 2010 by the Government of Japan in order to provide opportunities to the executive level public sector officials to undergo Master Degree Programmes in prominent universities in Japan.

     Accordingly, the First Framework (2010-2013) and the Second Framework (2014-2017) of this programme were successfully completed in 2013 and 2017 respectively. The Third Framework (2018–2021) was started in 2018 to continue this programme for a further period of four years. After considering the necessity of further career development of JDS fellows, the Government of Japan has agreed to offer a scholarship for PhD programmes at most 2 slots per batch. Accordingly, altogether 165 (15 per year) opportunities for Master Degree Programmes and 06 opportunities for PhD programmes have been provided under this scholarship programme.

    The selection process of the Third batch of the Third Framework has already been completed and the selected officials are scheduled to commence their studies in September 2020. In order to facilitate these officials, the Government of Japan has agreed to offer a grant assistance of Japanese Yen 269 million (approximately Rs. 457 million) to Sri Lanka in 2020. 

    The Government of Sri Lanka expects that the public officers who will be benefited under this programme will contribute to the social and economic development of the country in a productive manner with self–confidence and also contribute to strengthening the existing bilateral relationship between two countries

Two Exchange of Notes between the two Governments and Grant Agreements between the Government of the Democratic Socialist Republic of Sri Lanka and the JICA for the implementation of the Human Resources Development Scholarship Programme was signed on 13th July 2020 at the Ministry of Finance, Economic and Policy Development. Relevant documents were signed between Mr. S R Attygalle, Secretary, Ministry of Finance, Economic and Policy Development on behalf of the Government of Sri Lanka, His Excellency Mr. Akira Sugiyama, Ambassador of Japan in Sri Lanka on behalf of the Government of Japan and Mr Fusato TanakaChief Representative of JICA on behalf of the JICA.

 

13 .07.2020

Ministry of Finance, Economic and Policy Development

 

 

 

 

PRESS RELEASE

 

Japanese Grant Aid of Rupees 1,360 million for provisioning necessary Medical Equipment to combat against the COVID -19 Global Pandemic

Responding to the COVID-19 global pandemic, Sri Lanka has taken several successful preventive measures to prevent the mass spread of virus among the community. Though the country has achieved significant progress in preventing disease, the health system in Sri Lanka needs more facilities to maintain the day-to-day activities within the country up to the state before the Covid-19 pandemic. Therefore the required additional units in main hospitals with necessary equipment and human resources are being established by health authorities.

Accordingly, as per the request of Government of Sri Lanka, the Government of Japan has agreed to provide Japanese Yen 800 million (approx. LKR 1,360 million) grant aid under the Japanese non-project grant aid scheme for the provisioning of necessary medical equipment such as MRI Scanner, CT scanner, Bed Side X-Ray Systems, Central Monitors, Bedside Monitors and Defibrillators etc. to strengthen the COVID -19 preventing activities in Sri Lanka.

The Exchange of Notes pertaining to the above grant were signed by Mr. S. R. Attygalle, Secretary, Ministry of Finance, Economic and Policy Development on behalf of the GOSL and His Excellency Mr. Sugiyama Akira, Ambassador of Government of Japan on 8th July 2020 at the Ministry of Finance, Economic and Policy Development.

DSC 9927DSC 9948

 

Ministry of Finance, Economic and Policy Development

Colombo 01   

On July 8, 2020.

 

 

 

The prevalence of drug related activities in Sri Lanka has increased in recent past and it has been recognized as an emerging social problem in the country. As a remedial action for controlling the situation, Sri Lanka Police has identified the necessity of modern equipment to detect large scale drug trafficking activities and the individuals under the influence of dangerous drugs.

Accordingly, based on the request of the Government of Sri Lanka, the Government of Japan has agreed to provide Japanese Yen 200 million (approximately Rs. 340 million) grant under the Japanese non-project grant aid scheme for provision of necessary equipment to strengthen the investigation and detection capacities of drugs and related anti-narcotic activities of Sri Lanka Police.

The Exchange of Notes pertaining to the above grant were signed by Mr. S. R. Attygalle, Secretary, Ministry of Finance, Economic and Policy Development on behalf of the GOSL and His Excellency Mr. Sugiyama Akira, Ambassador of Government of Japan on 13th July 2020 at the Ministry of Finance, Economic and Policy Development.

Ministry of Finance, Economic and Policy Development

Colombo 01      

On July 13, 2020.

 

 

The Government of Sri Lanka (GOSL), having monitored the spread of the virus around the World, has been proactive in its response to battling the all-encompassing effects of the COVID – 19 virus. These actions include the establishment of quarantine centers and expanding the health care facilities to meet any sudden increase of COVID-19 infected patients. Actions have been undertaken to organize essential healthcare facilities, supporting logistics, and food distribution with maximum “social distancing” initiatives being given the high priority. Furthermore, movements at ports and airports have been scaled down only for supporting urgent cases.

Having considered the stringent measures that the country has taken to ensure people’s welfare, several countries and international organizations have contributed to the Government's COVID -19 response initiatives by providing loans and donating various medical supplies, equipment and also providing financial support (grants).

  • Loans, grants and in-kind assistance received  up to 22.05.2020 (as per the table attached to the  Cabinet Paper No. 20/0851/204/083 and dated 26.05.2020)  - Annexure 01

 

  • Loans, grants and in-kind assistance received from 23.05.2020 - 12.06.2020  (as per the table attached to the  Cabinet Paper No. 20/0953/204/083-I and dated 16.06.2020) - Annexure 02

 

  • Loans, grants and in-kind assistance received from 13.06.2020 – 18.09.2020 - Annexure 03

 

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