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Sri Lanka gets $ 300 m ADB boost for economic reforms and tourism
Daily FT
|November 18, 2025
SRI Lanka yesterday finalised three major loan agreements with the Asian Development Bank (ADB) amounting to $ 300 million, strengthening the country's financial sector reforms, macroeconomic stabilisation agenda and long-term tourism development plans.
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The agreements were signed at the Finance Ministry in Colombo by Treasury Secretary Dr. Harshana Suriyapperuma and ADB Sri Lanka Country Director Takafumi Kadono.
The funding package spans two policy-based loans (PBLs) and an investment loan, each designed to advance critical reform programs across key sectors. Under the Financial Sector Stability and Reforms Program (Subprogram 3), Sri Lanka will receive $100 million after completing 11 policy actions aimed at strengthening banking sector stability, improving regulatory capacity at the Central Bank of Sri Lanka and deepening access to sustainable and inclusive finance.
This story is from the November 18, 2025 edition of Daily FT.
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