Sri-Lanka: News Releases
Read news releases related to Sri Lanka.
Latest News Releases
PHOTO RELEASE: ADB President Meets with Sri Lanka President in Colombo
Sri Lankan President Mahinda Rajapaksa Welcomes President Nakao. Photo: Presidential Media Unit, Sri Lanka.
ADB President Commends Strong Growth Prospects during 3-Day Visit to Sri Lanka
ADB President Takehiko Nakao met with Sri Lanka’s President Mahinda Rajapaks, ministers, and senior officials, to discuss global, regional and bilateral issues, including challenges and opportunities for the Sri Lankan economy.
AFD Adds $101 Million Cofinancing To ADB Colombo Water Services Program
A $400 million Asian Development Bank (ADB) project to improve water and wastewater management services in greater Colombo will be expanded through cofinancing of $101 million from Agence Francaise de Developpement (AFD).
ADB Approved $21.02 Billion in Financing Operations in 2013
The Asian Development Bank (ADB) approved $21.02 billion in financing operations last year, according to ADB’s 2013 Annual Report, released ahead of its 47th Annual Meeting of the Board of Governors to be held 2–5 May in Astana, Kazakhstan.
Sri Lanka's Economy to Grow Rapidly in 2014, 2015
An improved external environment, higher investments, and a recovery in domestic consumption will sustain a rapid pace of GDP growth in Sri Lanka in the next two years, according to Asian Development Outlook 2014 (ADO), the flagship annual economic publication from the Asian Development Bank (ADB).
ADB Sees Steady Growth for Developing Asia
Developing Asia will extend its steady economic growth in 2014 as higher demand from recovering advanced economies will be dampened somewhat by moderating growth in the People’s Republic of China (PRC), says a new Asian Development Bank (ADB) report.
Developing Asia Should Use Public Spending to Narrow Inequality
Widening income gaps are undermining decades of successful poverty reduction in developing Asia, meaning governments should proactively use fiscal policy to close gaps and promote more inclusive growth, says a new ADB report.
ADB Approves $100 Million Loan for Technical and Vocational Training
ADB's Board of Directors has approved a $100 million loan to help the government of Sri Lanka revamp its technical and vocational education and training (TVET) which will equip youth with the required skills for the job market.
ADB, Gates Foundation Launch Initiatives to Spur Sanitation Innovation
The Asian Development Bank (ADB) and the Bill & Melinda Gates Foundation are bringing together the governments of Bangladesh, India, Nepal, and Sri Lanka to create a South Asia Urban Knowledge Hub to help improve urban services, such as sanitation, in the region.
ADB Vice President Visits Sri Lanka
Asian Development Bank (ADB) Vice President Wencai Zhang today ended a two-day visit to Sri Lanka during which he met with government officials and visited ADB-funded flagship projects including Colombo Port, the Southern Expressway, and a school in Galle district.