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[email protected] Sri Lanka March 2012 A Newsletter of the Sri Lanka Resident Mission of the Asian Development Bank V P Venkatachalam Visits Sri Lanka sian Development Bank (ADB) Vice President (Private Sector and Cofinancing Operations), A Lakshmi Venkatachalam visited Sri Lanka from 14-16 March 2011, where she met with Sri Lankan President, Mahinda Rajapaksa, top government officials and private sector representatives. During her visit, Ms. Venkatachalam held discussions with several government ministers including Basil Rajapaksa Minister of Economic Development, Dr Sarath Amunugama, Minister of International Monetary Cooperation, Prof. MEETING WITH PRESIDENT From Left, Country Director SLRM, Rita O’ Sullivan. ADB Tissa Vitharana Minister of Science and VP, Lakshmi Venkatachalam, Sri Lankan President, Mahinda Rajapaksa and Minister of Technology and, Secretary to the Treasury International Monetary Cooperation, Dr. Sarath Amunugama. Dr. P B Jayasundera. The VP had consultations with the Ms. Venkatachalam leads ADB’s private sector development and private private sector including chambers of initiatives in Private Sector and Cofinancing sector operations are targeted to reach 50% commerce. She also addressed development activities. Under its long-term Strategy of its annual operations by 2020. partners and visited a nanotechnology 2020 Framework, ADB’s activities in park. Senior advisor to the VP, Shantanu Chakraborty, was also present. In this issue VP Venkatachalam visits Sri Lanka 1 Review of Sri Lanka Country Portfolio Review of Sri Lanka Country review of ADB’s country Portfolio 1 ADB AusAid South Asia portfolio was held from 21- Development Partnership on 22 March 2012. Projects were Governance 2 reviewed jointly by the ADB and Launch of Sri Lanka Rubber A Secretariat 2 the Department of Project Management & Monitoring of the Ministry of Finance and SLRM - OAI anti corruption and Planning.