Cabinet nod for talks with ADB on Food Security

COLOMBO (News 1st); The Cabinet of Ministers approved the proposal presented by the President in his capacity as the Minister of Finance, Economic Stability, and National Policies to conduct negotiation discussions with the Asian Development Bank and enter into agreements. 

The Project " Food Security and Livelihood Restoration Emergency Assistance Project" is planned to be implemented to protect the food security and livelihoods of the poor and in disaster.

In addition, the Japan Fund for a Prosperous and Resilient Asia and Pacific Region has agreed to provide a 3 Mn USD grant through the Asian Development Bank to finance the project activities.