The Ministry of Finance and the World Bank recently signed a new grant from the European Union to support the Agriculture Sector Modernization Project (ASMP). This grant is part of the EU’s EUR 25 million support to the US$ 125 million project and will be administered by the World Bank. H. Hadad-Zervos, World Bank Country Director for Maldives, Nepal and Sri Lanka. “The European Union is pleased to be partnering with the World Bank and the Government of Sri Lanka to move towards a more sustainable, resilient and productive agriculture”, said Denis Chaibi, European Union Ambassador to Sri Lanka and the Maldives. -World Bank

Source: The Nation May 28, 2021 04:52 UTC