Connect with us

News

ADB approves USD 100 mn. for Sri Lanka’s water sector reforms

Published

on

The Water Supply and Estate Infrastructure Development Ministry welcomed the approval of a USD 100 million policy-based loan from the Asian Development Bank (ADB) to support transformative reforms in Sri Lanka’s water supply and sanitation sector.

This programme aims to enhance the sector’s sustainability, climate resilience and efficiency, building on the Ministry’s efforts to ensure equitable access to clean water and improved infrastructure in response to climate change.

The ADB’s Water Supply and Sanitation Reform Programme includes two sub-programmes, designed to establish policies and strategies at the national level and to ensure the effective implementation of these reforms through the National Water Supply and Drainage Board (NWSDB).

These reforms target critical issues such as fragmented water resources management, inadequate climate adaptation and governance challenges.

The reforms introduced under this programme include the adoption of a Climate Change Resilience Roadmap, climate-resilient project appraisal frameworks, business efficiency action plans, a private sector participation framework, an investment framework and water safety plans.

The project will enhance the performance of the NWSDB and ensure equitable water allocation, gender-sensitive service delivery and long-term sustainability.

(dailymirror.lk)

(This story, originally published by dailymirror.lk has not been edited by SLM staff)

News

GoSL to develop unique Food Security Index for SL

Published

on

By

The government is currently prioritizing the development of a country-specific Food Security Index, with the goal of completing the initiative within the next three months.

This tailored index is expected to better reflect Sri Lanka’s unique food security landscape, addressing the limitations of global indices such as the Global Food Security Index (GFSI), which have been criticized for failing to capture the nuances of the local context. Policymakers have also noted that existing data is often insufficient or imprecise, making it challenging to develop effective strategies.

The proposed index aims to identify key national priorities and guide food security policy over the next five years.

As a first step in this effort, a workshop titled “Identifying a Suitable Food Security Index for Sri Lanka and Formulating a Strategic Plan” was held today (17) at the Colombo City Center. Organized by the Food Security Expert Committee in collaboration with the Food and Agriculture Organization (FAO) and the World Food Programme (WFP), the event brought together experts and stakeholders from across the sector.

Delivering the opening remarks, Senior Additional Secretary to the President Kapila Gunaratne emphasized the importance of the initiative, stating that the development of a precise, country-specific index is a vital step toward ensuring both economic stability and national food security. The workshop focused on the four key dimensions of food security; availability, accessibility, utilization and stability and explored how these can be incorporated into a comprehensive and practical national index.

Participants included members of the Food Security Expert Committee, such as Senior Professors Buddhi Marambe and Jeevika Weerahewa, along with representatives from various government agencies, academic institutions, the FAO, the WFP and the private sector.

(President’s Media Division)

Continue Reading

News

Several Opp. MPs walk out of Parliament

Published

on

By

Several opposition members of Parliament have walked out of the Parliament chamber today (June 17.) in protest over the actions of the Speaker of House, according to Chief Opposition Whip Member of Parliament Gayantha Karunathilleka.

MP Karunathilleka noted that several MPs including those from the Samagi Jana Balawegaya (SJB), walked out of Parliament after the Speaker refused to allocate time to discuss the on-going Iran-Israel conflict.

Continue Reading

News

SL – France sign key debt restructuring agreement

Published

on

By

Sri Lanka and France signed a bilateral agreement yesterday (June 16) in Colombo, marking a major milestone in Sri Lanka’s external debt restructuring process, the Ministry of Finance announced.

The bilateral agreement was signed by Mahinda Siriwardana, Secretary of the Ministry of Finance, Planning, and Economic Development, on behalf of the government and William Roos, Assistant Secretary, Multilateral Affairs, Trade and Development Policies Department, Directorate-general of the Treasury, on behalf of the government of France.

The statement by the Finance Ministry added that the government of France played a pivotal role in spearheading Sri Lanka’s external debt restructuring process, co-chairing the Official Creditor Committee alongside Japan and India.

The Ministry noted that the agreement would further strengthen the longstanding bilateral relationships between the two nations.

Continue Reading

Trending

Copyright © 2024 Sri Lanka Mirror. All Rights Reserved