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Australia grants Sri Lanka Rs.3.8 billion in assistance to strengthen good governance for growth Source: Colombo Page The Governments of Sri Lanka and Australia Tuesday signed a regulatory agreement for AUD 31 million (Rs. 3.85 billion) grant assistance for a four-year program to strengthen good governance for growth in Sri Lanka. Secretary to the Ministry of Finance and Mass Media Dr. R H. S. Samaratunga and Australian High Commissioner for Sri Lanka Mr. Bryce Hutchesson signed the agreement on the 30th of January 2018 at the Ministry of Finance and Mass Media. The program will support activities that improve the policy formation and delivery capabilities of government at national, provincial and local levels to bring about inclusive economic growth, the Finance ministry said in a statement. The governance for growth program aims to support Sri Lanka’s efforts to increase economic growth and spread the benefits of that growth to reduce ...