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ADB Grants Sri Lanka $200 Million Loan Facility
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COLOMBO (News1st); The Asian Development Bank (ADB) has agreed to grant Sri Lanka a $200 million loan facility.
A total of $100 million will be allocated toward enhancing water security, climate resilience, environmental sustainability, and the financial stability of the water sector.
The remaining $100 million will fund the Skills Development System Transformation Program, scheduled for implementation from 2027 to 2031.
The corresponding loan agreements were signed today at the General Treasury.
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