ADB approves 200 mln USD loan to Sri Lanka

NAMPA / Xinhua

2024-11-19

MANILA, Nov. 19 (Xinhua) -- The Asian Development Bank (ADB) on Tuesday approved a policy-based loan of 200 million U.S. dollars to help Sri Lanka strengthen its financial sector. The ADB said the second subprogram of its Financial Sector Stability and Reforms Program built on the stabilization and crisis management measures put in place under the first subprogram approved in 2023. Policy reforms under the second subprogram will improve the......

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