Rs 761M Japanese Grant to Develop Public Sector

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Government of Japan has provided grant aid worth Rs.761 million for the Human Resource Development Scholarship (JDS) project to enhance the capacity building of public sector officials, the Japanese Embassy in Colombo said on Monday (8).

The exchange of notes for this project was signed on Monday at the Finance, Economic Stabilisation and National Policies Ministry, Colombo between Japan’s Ambassador to Sri Lanka Hideaki Mizukoshi and Ministry Secretary K. M. M. Siriwardana.

The Japanese Yen 282 million (Rs 761 million) grant will be extended to train young executive officers in the public sector at various universities in Japan and develop their skills to prepare them as future national leaders in their respective fields.

Under the project, 17 public sector officials will be sent to pursue a two-year Masters or PhD Degree courses from next year (2023) to 2025. Areas of their degrees cover Public Policy, Macroeconomics, Public Finance and Investment Management, Industry Development Policy and Investment Promotion, and Urban and Regional Development.

Since its inception in 2010, the JDS project has supported 188 public sector officials in Sri Lanka. The project will contribute not only to enhancing individual capacities but also to improving institutional capacity of the public sector in Sri Lanka, which helps Sri Lanka to overcome various difficulties related to the current economic hardships and to achieve prosperity in the future, the Embassy said.

(PA)