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ADB

ADB approves $350 mn loan for SL Economic Stabilization Program

2023-05-29
On: May 29, 2023

The Asian Development Bank (ADB) today approved a $350 million special policy-based loan to provide budget support to Sri LankaContinue Reading

Sri Lanka seeks more technical & financial support from ADB

2023-05-02
On: May 2, 2023

Sri Lanka has sought further technical support and financial assistance from the Asian Development Bank (ADB) in the spheres ofContinue Reading

ADB eyes cheaper funds for Sri Lanka & Green Bond support

2023-04-13
On: April 13, 2023

The Asian Development Bank is considering more concessionary funding for Sri Lanka and support for green bond issues as partContinue Reading

ADB grants Rs. 8Bn to assist SL farmers

2022-12-21
On: December 21, 2022

Measures are underway to provide nonrefundable financial assistance of up to Rs. 20,000 to the farmers who are cultivating paddyContinue Reading

International financial institutions agree on coordinated assistance program for SL

2022-12-06
On: December 6, 2022

The representatives of several international financial institutions have decided that a coordinated assistance program supported by multilateral financial institutions isContinue Reading

New loan scheme for small & medium-scale entrepreneurs

2022-10-27
On: October 27, 2022

Small and medium-scale entrepreneurs can now obtain Working Capital loans of up to Rs.10 million from 08 Government and privateContinue Reading

President proposes establishment of Climate Change University in SL

2022-09-30
On: September 30, 2022

President Ranil Wickremesinghe has proposed the establishment of an International University on Climate Change in Sri Lanka.  The President’s MediaContinue Reading

India surpasses China as leading lender to Sri Lanka in 2022

2022-09-15
On: September 15, 2022

India has surpassed China as the leading lender to Sri Lanka in the first four months of 2022, PublicFinance.lk reported.Continue Reading

ADB discusses support for several sectors in Sri Lanka

2022-09-12
On: September 12, 2022

A preliminary discussion has taken place between the Asian Development Bank and the Government of Sri Lanka focussing on severalContinue Reading

Government signs loan agreement with ADB & Japan Fund for food security project

2022-09-09
On: September 9, 2022

An Agreement for the Food Security and Livelihood Recovery Emergency Assistance Project amounting to USD 200 million and the GrantContinue Reading

ADB to reimburse Sri Lanka for Sinopharm vaccine purchase

2021-12-29
On: December 29, 2021

The Asian Development Bank (ADB) has agreed to reimburse Sri Lanka the costs of the Sinopharm COVID-19 vaccines. State MinisterContinue Reading

ADB approves USD 110 million loan for health care development in Sri Lanka

2021-10-04
On: October 4, 2021

The Asian Development Bank (ADB) has approved a $110 million loan as additional financing for the ongoing Health System EnhancementContinue Reading

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