Home Business & Finance JICA extends SLR 420 million (263 million JPY) Grant for the Development...

JICA extends SLR 420 million (263 million JPY) Grant for the Development of the Public Sector


Following exchange of notes between Ambassador Mr. Akira Sugiyama and Dr. R. Samaratunga Secretary to the Ministry of Finance, a Grant Agreement under JDS amounting to 263 million Japanese Yen (almost equivalent to 420 million Lankan Rupees) was signed on 17 July between Dr. Samaratunga and Mr. Fusato Tanaka Chief Representative of Japan International Cooperation Agency (JICA) Sri Lanka Office.

“I see this as an opportunity for our young government officers to undergo studies in top Japanese universities in their selected professions. Building their competencies will benefit the whole system in return. Taking this opportunity I would like to appreciate the cooperation given by the Japanese Government through JICA for the implementation of this program during the past nine years,” said Dr. Samaratunga concluding the signing.

The Project for Human Resource Development or JDS is been implemented in 16 target countries by JICA & principally aims to support self-help efforts of respective countries evolving capacity development of young government officials. Since initiation in 1999, around 4,300 participants from worldwide were accepted under JDS for post-graduate studies in top Japanese Universities.

Introduced in 2010 to Government of Sri Lanka, 137 officials in the managerial capacity has been accepted for Masters` & Doctoral degree courses in the areas of public policy & public finance, economics, business management, & environment disaster management & climate change. Signing of the present grant agreement will enable further 17 fellows to undergo Masters & Doctoral studies in Japan.