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Foreign affairs Tenders / foreign policy Colombo Impact 3.0/10 3 min read
Sri Lanka to Insist on Transparent Tenders for Foreign-Funded Projects

Sri Lanka to Insist on Transparent Tenders for Foreign-Funded Projects

Sri Lanka's new Foreign Minister Vijitha Herath, from the National Peoples' Power (NPP) government, stated that foreign-funded projects will be assigned through open and transparent tenders, but existing projects with China and India will not be disrupted. He criticized past governments for lacking transparency and following improper procedures, including unsolicited proposals. Herath said the government will revisit the IMF deal, which imposed heavy taxes. He also clarified the party's changed stance on Indian expansionism, seeking closer ties with India.

Sri Lanka's new Foreign Minister Vijitha Herath, from the National Peoples' Power (NPP) government, stated that foreign-funded projects will be assigned through open and transparent tenders, but existing projects with China and India will not be disrupted. He criticized past governments for lacking transparency and following improper procedures, including unsolicited proposals. Herath said the government will revisit the IMF deal, which imposed heavy taxes. He also clarified the party's changed stance on Indian expansionism, seeking closer ties with India.

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Maldives Republic

Published

Sep 25, 2024

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Sri Lanka's new Foreign Minister Vijitha Herath, from the National Peoples' Power (NPP) government, stated that foreign-funded projects will be assigned through open and transparent tenders, but existing projects with China and India will not be disrupted. He criticized past governments for lacking transparency and following improper procedures, including unsolicited proposals. Herath said the government will revisit the IMF deal, which imposed heavy taxes. He also clarified the party's changed stance on Indian expansionism, seeking closer ties with India.

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