The Managing Director of the World Bank, Ngozi Okonjo-Iweala, on Saturday said she was granting Sri Lanka with an annual funding of US$465 million from 2011, increasing around 300 million of annual grants by the World Bank. Meanwhile, Political observers in Colombo described the offer by Washington-based Ngozi Okonjo-Iweala, who was attending Central Bank of Sri Lanka's 60th anniversary celebrations, as an attempt by the West to win Colombo that has been extensively borrowing from China. The visiting World Bank director also paid a courtesy visit to the Eastern University in Batticaloa and to Thiraaymadu, a Tamil village affected by 2004 Tsunami, with Sinhala dancers from South.
Ms. Ngozi Okonjo-Iweala went to Thiraaymadu village and viewed the exhibition held under the 'reawakening' project on Saturday.
The World Bank director inquired about the implementation of the WB projects in the village under the Sri Lankan 'Economic Development' Ministry.
Later the WB delegation also paid a visit to Batticaloa-Kalladi Communication and Information Center.
Ms. Ngozi Okonjo-Iweala went to Thiraaymadu village and viewed the exhibition held under the 'reawakening' project on Saturday.
The World Bank director inquired about the implementation of the WB projects in the village under the Sri Lankan 'Economic Development' Ministry.
Later the WB delegation also paid a visit to Batticaloa-Kalladi Communication and Information Center.
