ADB’s operations in Sri Lanka help address the immediate challenges from the economic crisis and assist in economic stabilization and recovery.
ADB has approved a $350 million special policy-based loan to provide budget support to Sri Lanka for economic stabilization. The program is part of a broader package of financial assistance anchored by the International Monetary Fund’s Extended Fund Facility for the country, which aims to stabilize the economy and lay the foundation for economic recovery and sustained growth.
To pursue an equitable energy transition, we need to find new ways to produce energy. Biomethane is a low-cost, reliable, and community-oriented way to start.
This project brief analyzes the impacts and benefits of Sri Lanka’s ADB-funded Integrated Road Investment Programs (iRoad) to improve connectivity between rural communities and bolster socioeconomic progress.
Sri Lanka is a founding member of ADB. To date, ADB has committed 482 public sector loans, grants, and technical assistance totaling $11.2 billion to Sri Lanka.
Sri Lanka is a founding member of ADB. To date, ADB has committed 482 public sector loans, grants, and technical assistance totaling $11.2 billion to Sri Lanka. Cumulative loan and grant disbursements to Sri Lanka amount to $9.42 billion. These were financed by regular and concessional ordinary capital resources, the Asian Development Fund, and other special funds. ADB’s ongoing sovereign portfolio in Sri Lanka includes 41 loans and 1 grant worth $3.64 billion.
In 2022, ADB provided a series of interventions as emergency assistance to help address the immediate challenges from the economic crisis in Sri Lanka.
23, Independence Avenue Colombo 7, Sri Lanka
Office Hours: 8:30 a.m. to 5:00 p.m. (Monday to Friday)
Established in 1997, Sri Lanka Resident Mission's primary responsibilities include:
SLRM will be closed on these dates:
Last updated: 12 December 2022