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 […]