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In response to a question in regards to the restart of the Japan-financed Mild Rail Transit (LRT) mission, the Japanese embassy in Colombo mentioned the resumption of mortgage tasks and the launch of a brand new mortgage mission will depend upon the progress of the debt restructuring course of.
The Sri Lankan Cupboard gave approval this week to proceed with the resumption of the US $ 2.2 billion LRT mission to be financed by Japan Worldwide Cooperation Company (JICA).
The road is to be constructed linking Malambe with Colombo Fort. The mission was launched in the course of the time of the earlier Yahapalana authorities. Nonetheless, in September, 2020, the Gotabaya Rajapaksa authorities scrapped the mission.
Throughout the current go to to Japan, President Ranil Wickremesinghe sought to renew the mission.
Responding to a question posed by Day by day Mirror on this regard, the Japanese embassy mentioned it is vital for Sri Lanka to proceed with the debt restructuring course of with all of the collectors in a clear, equal method.
The embassy mentioned Japan will see learn how to resume mortgage tasks and begin new mortgage tasks whereas keeping track of the debt restructuring course of.
(dailymirror.lk)
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