Home » ADB Grants Sri Lanka $200 Million Loan for Water Security and Skills Development

ADB Grants Sri Lanka $200 Million Loan for Water Security and Skills Development

written by CN Source

The Asian Development Bank (ADB) has agreed to provide Sri Lanka with a $200 million loan facility.

Of this, $100 million will go towards improving water security, climate resilience, environmental sustainability and the financial stability of the water sector. The remaining $100 million will fund the Skills Development System Transformation Program, which is scheduled to run from 2027 to 2031.

The loan agreements were signed today at the General Treasury.

The post ADB Grants Sri Lanka $200 Million Loan for Water Security and Skills Development appeared first on LNW Lanka News Web.

What’s your Reaction?
0
0
0
0
0
0
0
written by CN Source

Leave a Comment

Save my name, email, and website in this browser for the next time I comment.


To prove you're a person (not a spam script), type the security word shown in the picture.
You can enter the Tamil word or English word but not both