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Sri Lanka and ADB

ADB continues its focus on building high-quality infrastructure in the transport, energy, and urban sectors, while also contributing to the country's key development goals of economic diversification, job creation, income enhancement, and rural economic development.

06 May 2020 | News Release

ADB’s Trade Finance Program Supports Medical Supplies to Combat Pandemic in Sri Lanka

The Asian Development Bank (ADB) has provided a guarantee for a $25 million trade loan to the State Pharmaceuticals Corporation of Sri Lanka (SPC) to purchase medical supplies as part of the country’s response to the novel ....

03 Apr 2020 | News from Country Offices

COVID-19 Clouds Sri Lanka's Growth Prospects — ADB

ADB's flagship annual economic publication, the Asian Development Outlook (ADO) 2020, forecasts significant headwinds for Sri Lanka’s economy as it fights the spread of COVID-19, which comes less than 12 months after the...

02 Apr 2020 | News from Country Offices

ADB, UNICEF Join Forces to Supply Emergency Medical Equipment to Support Sri Lanka’s COVID-19 Response

A $100,000 (LKR 18.17 million) grant from the Asian Development Bank (ADB) has funded the purchase of emergency medical supplies through the United Nations Children’s Fund (UNICEF)...

13 Mar 2020 | News from Country Offices

ADB Provides Assistance to Combat COVID-19 in Sri Lanka

ADB has allocated a $600,000 grant from the Health System Enhancement Project to the Government of Sri Lanka to finance preventive and response efforts to fight a potential novel coronavirus (COVID-19) outbreak in the country.

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15 Apr 2020 | Op-Ed / Opinion

Is Developing Asia Ready for the Industry 4.0 Revolution? - Shixin Chen

Smart technologies such as artificial intelligence (AI) promise to disrupt the long-standing "Asian growth model" that has fuelled industrial development in developing Asia.

02 Aug 2019 | Op-Ed / Opinion

How South Asia can continue as world’s fastest growing subregion - Lei Lei Song

Since 2014, South Asia has been the fastest growing subregion in the world, with its eight economies collectively boasting average annual growth of 7.0%.

02 May 2019 | Speech

13th Informal Meeting of the South Asian Association for Regional Cooperation (SAARC) Finance Ministers - Shixin Chen

Speech by Shixin Chen, ADB Vice President (Operations 1), at the 13th Informal Meeting of the South Asian Association for Regional Cooperation (SAARC) Finance Ministers on 2 May 2019 in Nadi, Fiji

01 Apr 2019 | Op-Ed / Opinion

Addressing Sri Lanka’s Macroeconomic Challenges - Utsav Kumar

Sri Lanka is widely recognized for its rapid development progress—as shown by various development indicators—but underperformance on growth.

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