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Sri Lanka Cabinet approves $100mn ADB loan for water sector reforms
The funds will be used to implement the Water Supply and Sanitation Reform Program - Sub-program 2.
By Editor VV
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The government has approved obtaining a USD 100 million loan from the Asian Development Bank (ADB) to implement the second phase of Sri Lanka's Water Supply and Sanitation Reform Programme. According to the Cabinet decision, the USD 100 million facility will consist of USD 50 million from the ADB's Ordinary Capital Resources and another USD 50 million from its Concessional Ordinary Capital Resources.
What this story is about
People
- Anura Kumara Dissanayake
- Nalinda Jayatissa
Organisations
- Asian Development Bank3
- International Monetary Fund
Places
- United States3
- Sri Lanka3
- Colombo
Keywords
- reforms3
- water3
- adb3
- sanitation2
- cabinet2
- million2
- sector2
- loan2
- obtaining
- programme
Names and places drawn from every article in this story. The number shows how many of them mentioned it.
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Sri Lanka Cabinet approves $100mn ADB loan for water sector reformsEconomyNext
Cabinet clears US$ 100 million ADB funding for water sector reformsDaily Mirror