ECONOMYNEXT – Sri Lanka should add value to natural resources and export them, and not just as raw materials, Environment Minister Keheliya Rambukwella has said.
“Some people make accusations that natural resources in this country are not taken advantage of,” Rambukwella was quoted as saying in a statement by the Department of Government Information.
The Minister was speaking with officials of the Ministry of Environment at a meeting on Thursday (11).
“70% of the 2024 budget for the Ministry of Environment is foreign financing and the remaining 30% is domestic support,” Rambukwella said, and told officials to make the best use of the foreign financial aid.
He said the projects implemented on foreign and domestic financial aid should be reviewed quarter by quarter.
After a forex crisis, Sri Lanka is now in a drive to increase exports. (Colombo/Jan12/20024)