Srilanka, Sept. 27 -- Japan will consider any request by Sri Lanka for a fresh Yen loan project including Light Rail Transit (LRT) only after careful consideration of it in consultation with the Sri Lankan government, taking into account not only their priorities, but also the progress of the existing projects, feasibility of the proposed project as well as the country's economic and fiscal conditions, according to the Japanese Embassy in Colombo.

The embassy, in response to a question by Daily Mirror ahead of the visit of President Anura Kumara Dissanayake, said so.

Asked about the current status of the Yen loan projects, the embassy stated that the Japanese government has decided to resume disbursements to the existing 11 projects.

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