Japan wants Sri Lanka to pay for LRT termination

Japan has requested Sri Lanka to cover the expenses of terminating a $1.5 billion Japanese-funded light rail initiative.

Japanese Finance Minister Suzuki Shunichi emphasized to Opposition Leader Sajith Premadasa and the Samagi Jana Balawegaya (SJB) delegation that settling the costs is essential to restart halted projects.

SJB MP Dr. Harsha de Silva highlighted the Japanese Finance Minister’s message, emphasizing the need for Sri Lanka to swiftly address debt restructuring, uphold the IMF program, and repay dues linked to the canceled LRT project to facilitate the resumption of stalled initiatives.