ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacific, while sustaining its efforts to eradicate extreme poverty.
Established in 1966, it is owned by 68 members—49 from the region.
ORGANIZATION
ACCOUNTABILITY
ADB supports projects in developing member countries that create economic and development impact, delivered through both public and private sector operations, advisory services, and knowledge support.
Sri Lanka and ADB
ADB supports Sri Lanka’s reform efforts to address the root causes of the economic crisis with an emphasis on protecting poor and vulnerable people.
In the Spotlight
Transforming the Fight Against Trade-Based Money Laundering: New Data and Partnerships
This brief shows how an ADB-led pilot to ramp up action against trade-based money laundering (TBML) in Asia helped bolster the suspicious transaction reports (STRs) needed to crack down on criminals and drive trade transparency.
How to Adopt Exchange of Information for Tax Purposes
International cooperation among tax authorities has become a critical component of modern tax administration, particularly in strengthening domestic revenue mobilization and combating the illicit flow of financial transactions.
Boosting the Effectiveness of Minimum Wage Hikes in Sri Lanka
In March 2024, Sri Lanka's cabinet approved a 40% hike to the national minimum wage to support those in poverty.
We Must Keep up the Momentum on Developing Local Currency Bond Markets
Local currency bond markets play a crucial role in fostering economic stability in Asia and the Pacific, reducing foreign exchange risks, and supporting sustainable development in emerging economies.
ADB assisted Sri Lanka's rehabilitation from the damages and neglect during 3 decades of civil war.
The Serendipity Knowledge Program is an ADB platform dedicated to knowledge solutions.
ADB repurposed funds from existing projects and is helping in the import of essential items, SME support, and agriculture livelihood development.
Sri Lanka Facts
ADB's Work in Sri Lanka
Sri Lanka is a founding member of ADB. The bank disbursed $908 million to Sri Lanka in 2023 and committed $610 million in loans. Technical assistance commitments totaled $5.5 million for the year.
ADB will support the country’s climate action and environmental sustainability, mainstream gender equality and social inclusion, strengthen governance and institutional capacity, and promote digitalization across ADB’s operations.
Data: Sri Lanka
Forecasts are based on ADB's flagship publication, the Asian Development Outlook. Updated four times a year, it analyzes economic and development issues in developing countries in Asia and the Pacific.
Development indicators for Sri Lanka, including a selection of economic, environmental, and social indicators used globally to track progress toward the Sustainable Development Goals.
Results achieved are aggregate amounts of outputs and outcomes from operations reported in project completion reports and extended annual review reports circulated for the year.
Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations to participate in financing ADB projects.
ADB Projects in Sri Lanka View all projects
Featured
An ambitious and wide-ranging project helped return a sense of normalcy to an estimated 1.1 million conflict-affected people in Sri Lanka.
Approved/Active
Proposed
- Asia Pacific Disaster Response Fund
- Asia-Pacific Climate Finance Fund
- Asian Clean Energy Fund
- Asian Development Fund
- Canadian Climate Fund for the Private Sector in Asia
- Canadian Climate Fund for the Private Sector in Asia II
- Clean Energy Financing Partnership Facility
- Clean Energy Fund
- Climate Change Fund
- Financial Sector Development Partnership Special Fund
- Global Environment Facility
- Green Climate Fund
- High-Level Technology Fund
- Investment Climate Facilitation Fund
- Japan Fund for Information and Communication Technology
- Japan Fund for Prosperous and Resilient Asia and the Pacific
- Japan Fund for the Joint Crediting Mechanism
- Japan Special Fund
- Leading Asia's Private Infrastructure Fund
- Netherlands Trust Fund under the Water Financing Partnership Facility
- Project Preparation and Implementation Support Trust Fund
- Regional Cooperation and Integration Financing Partnership Facility
- Regional Cooperation and Integration Fund
- Republic of Korea e-Asia and Knowledge Partnership Fund
- Technical Assistance Special Fund
- Water Financing Partnership Facility
What's New
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| Publications, Papers and Briefs
Transforming the Fight Against Trade-Based Money Laundering: New Data and Partnerships
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| Accountability Mechanism Documents
Empowering Voices for Development Accountability: Accountability Mechanism Annual Report 2023
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| News Releases, News from Country Offices
ADB Approves Support for Power Sector Reforms in Sri Lanka
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| Publications, Papers and Briefs
Mainstreaming Climate Risk into Development: Challenges and Recommendations
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| Video
Partnership Report 2023 Overview
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| Publications, Reports
Assessment of the Legal Status of Sexual and Gender Minorities in 17 Countries in Asia and the Pacific
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| Video
Sri Lanka Country Partnership Strategy 2024-2028
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| Video
Responding to Heat Stress in Asia and the Pacific
Contact: Sri Lanka Resident Mission (SLRM)
23, Independence Avenue Colombo 7, Sri Lanka
Office Hours: 8:30 a.m. to 5:00 p.m. (Monday to Friday)
+94 11 4455499 / 11-2674488
Established in 1997, Sri Lanka Resident Mission's (SLRM) primary responsibilities include:
- Initiate and maintain dialogue with the government on issues that are relevant to ADB operations in the country
- Strengthen project processing and portfolio management
- Prepare the country partnership strategy and country operations business plan
- Strengthen working relations with development partners, academia, and the private sector
- Plan and prepare ADB's economic and sector work for Sri Lanka
- Promote external relations and disseminate information about ADB and its operations
SLRM will be closed on these dates:
- New Year's Day: 1 January (Monday)
- Independence Day: 5 February (Monday)
- Good Friday: 29 March (Friday)
- Day Prior to Sinhala / Tamil New Year: 12 April (Friday)
- May Day (Labour Day): 1 May (Wednesday)
- Vesak Full Moon Poya Day: 23 May (Thursday)
- Poson Full Moon Poya Day: 21 June (Friday)
- Holy Prophet's Birthday: 16 September (Monday)
- Deepawali Festival: 31 October (Thursday)
- Christmas Day: 25 December (Wednesday)
Last updated: 10 November 2023