China to donate one million tons of rice before Sinhala-Hindu New Year
Posted on January 22nd, 2022

by Amani Nilar  Courtesy News 1st

COLOMBO (News 1st); The Minister of Foreign Affairs, prof. G.L. Peiris says that China will donate one million tons of rice before the Sinhala and Hindu New Year, which would enable the public to celebrate the festival in a prosperous manner. 

Speaking during his visit to the Maha Sangha on Saturday (22), the Minister explained how foreign assistance has been obtained to overcome the economic crisis.

Accordingly, the Minister pointed out that Sri Lanka will receive USD 2.5 million from India as a result of discussions held by the Minister of Finance Basil Rajapaksa with Indian authorities in New Delhi.

Speaking further, the Minister stated that although Sri Lanka can solve the economic crisis in isolation, there is no such need, as maintaining relations with other countries such as India and China are important as well.

Meanwhile, the Chief Prelate of the Asgiriya Chapter, Ven. Medagama Dhammananda Thero emphasized that if the public is at the expense of the deals entered, to not to enter such deals, however negotiations with such parties is possible. 

Moreover, Ven. Dhammananda Thero stated that it is best to not to enter into certain agreements under conditions that cannot be fulfilled, as many investors get discouraged due to the demand for commissions and the lack of incentives, therefore to make environment to bring in more investors to stabilize the economy.

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