The
total commitment made by lenders and donor agencies
to Sri Lanka during the first five months of this year
had amounted to US$ 1.04 billion, of which project loans
accounted for US$ 959 million and the balance $ 90 million
as grants.
The Finance Ministry revealed that the Government of
Iran committed US$ 450 million for Uma Oya Multipurpose
Development Project. This project will provide 100-
150MW of hydro power and irrigate around 4000-5000 hectares
of dry lands and facilitate providing drinking water
to Monaragala and Hambantota Districts.
