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Sri Lanka to sign US$ 100 million loan agreement with ADB for economic recovery

The Sri Lankan government is set to enter into a US$ 100 million loan agreement with the Asian Development Bank…

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Ada Derana2h agoCabinet approves $100 million ADB loan for Sri Lanka’s economic recovery programme

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NewsWire English1h agoSri Lanka to sign US$ 100 million loan agreement with ADB for economic recovery

Daily Mirror2h agoCabinet approves $100 million ADB loan for economic recovery programme

Summary

Cabinet approval for the overall financing and loan negotiations was granted on March 16, 2026. The US$100 million loan will comprise two components: a US$50 million policy-based loan and a US$50 million investment loan, funded through the ADB's ordinary capital resources. The Department of External Resources has completed formal loan negotiations with the ADB.

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Anura Kumara Dissanayake

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