Tag: Asian Development Bank
Sri Lanka in talks with ADB to double annual funding to $1.2bn
May 08, 2015 (LBO) – Sri Lanka’s new administration is discussing with the Asian Development Bank (ADB) to double its annual funding up to 1.2 billion US dollars, Finance Minister Ravi Karunanayake said.The funds would be utilised by the Government for development initiatives, budgetary allocations, capacity development and debt relief, he said. “We used to […]
Sri Lanka ranked 19th in creative productivity index by ADB
Sep 15, 2014 (LBO) – Sri Lanka ranked 19th in creative productivity index which was jointly developed by Asian Development Bank and Economist Intelligence Unit (EIU) to give policy makers a to assess how best to foster creativity and innovation in 22 Asian economies.“As countries seek to innovate to avoid middle-income traps, all governments especially […]