Sri Lanka: No guarantee, no money: SL donors on Eastern development

Tuesday, 11 September 2007

According to reports the donors are asking for a post conflict resolution from the Sir Lankan government and the LTTE before funding the Sri Lanka governments proposed development projects. The donor agencies in Sri Lanka are reluctant to give money to the Dawn of the East programme of the Mahinda government because of fear that renewed violence would destroy the development work and make waste of their taxpayer’s money.

"Only a few agencies have come forward to lend money. The others want a resolution from the parties. They are concerned the money they give may go to waste if fighting breaks out again in the east," a donor source was quoted as saying in a Colombo media. The funding agencies have also raised concerns over the activities of the Karuna paramilitary group in the region as another threat to development work.

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