Obtaining Policy Based Loans from the Asian Development Bank.
Approval of the Cabinet of Ministers was granted at their meeting held on 15.06.2026 to conduct discussions for obtaining a loan grant of United States Dollar 200 million from the permanent general capital resources of the Asian Development Bank. Consequently, discussions have successfully been concluded relevant to the Sub Programme 1 of the Marketing, Investment […]
On June 15, 2026, Sri Lanka's Cabinet of Ministers approved discussions to secure a $200 million loan from the Asian Development Bank (ADB) through their permanent general capital resources. The approval followed successful negotiations regarding Sub Programme 1 of the ADB's Marketing, Investment and Industrial Development Programme, aimed at obtaining the loan amount.
Clearance was obtained from the Attorney General's Department and the Central Bank of Sri Lanka to proceed with the loan acquisition. The Cabinet's approval was based on a resolution submitted by the President, acting as the Minister of Finance, Planning and Economic Development, subject to guidelines provided by the Public Debt Management Office.
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