Sri Lanka
Sri Lanka has received $4.69 billion for 148 sovereign and nonsovereign loans and $104.8 million for 238 technical assistance (TA) projects since joining the Asian Development Bank (ADB). As of December 2009, there were 40 ongoing sovereign loans for a total loan amount of $1.97 billion, including $60 million in one program loan from ordinary capital resources (OCR) and a $150 million grant from the Asian Tsunami Fund. Of these 40 loans, 10 were financed from OCR and 30 from the Asian Development Fund (ADF). As of 31 December 2009, 44% of the total net loan amount had been disbursed.
Sri Lanka has received $4.69 billion for 148 sovereign and nonsovereign loans and $104.8 million for 238 technical assistance (TA) projects since joining the Asian Development Bank (ADB). As of December 2009, there were 40 ongoing sovereign loans for a total loan amount of $1.97 billion, including $60 million in one program loan from ordinary capital resources (OCR) and a $150 million grant from the Asian Tsunami Fund. Of these 40 loans, 10 were financed from OCR and 30 from the Asian Development Fund (ADF). As of 31 December 2009, 44% of the total net loan amount had been disbursed.
- View fact sheet. [ PDF ] Sinhala [ PDF ] Tamil [ PDF ]
- Economic data [ PDF ]
Asian Development Outlook 2010: Sri Lanka [ PDF ]Chronic large budget deficits and reliance on short-term external borrowing in recent years made the economy vulnerable to a global financial crisis and recession. Heavy losses of foreign exchange reserves and a domestic downturn early in 2009 threatened an economic crisis and required a recovery program supported by financing from the International Monetary Fund.
News Releases
- 18 June 2010
ADB to Help Sri Lanka Repair Roads Damaged During Civil Conflict - 28 May 2010
Rapid Reconstruction, Inclusive Growth, Key to Sri Lanka's Post-War Development - ADB President
Feature Stories
3 May 2010
A Natural Choice
India is doubling production of natural gas in Gujarat to provide a cleaner and cheaper fuel to more households, transport services, and industrial enterprises.
A Natural Choice
India is doubling production of natural gas in Gujarat to provide a cleaner and cheaper fuel to more households, transport services, and industrial enterprises.
10 March 2008
Switched On
With ADB support, Sri Lanka's secondary students benefit from better schools and programs to provide skills for a changing job market.
Switched On
With ADB support, Sri Lanka's secondary students benefit from better schools and programs to provide skills for a changing job market.
Recently Updated Projects
- Last Update: 28 July 2010
Greater Colombo Sewerage System - Last Update: 27 July 2010
Strengthening Capacity for Climate Change Adaptation
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