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European Union given LKR 34 billion to Sri Lanka

european-union-given-lkr-34-billion-to-sri-lanka

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Today at the European Union, a declaration was made that a sum of 210 million euros (LKR 34 billion) would be given till the year 2020 in the form of development aid. It should be noted that this sum is double of the aid received from the years 2007 to 2013.

While the aid granted by the European Union will be aimed at establishing sustainable peace, resettlement of displaced persons, and developing the rural areas, the progress achieved by Sri Lanka over the course of the last 21 months has not failed to gain favour with the European Union.