Economics

ADB Pledges Continued Support for Sri Lanka’s Development

A delegation from the Asian Development Bank (ADB), led by Country Director Takafumi Kadono, met with President Anura Kumara Dissanayake yesterday to reaffirm.

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Business

ADB Country Director Praises SME Success in Kandy, Pledges Continued Support

Asian Development Bank (ADB) Country Director for Sri Lanka, Takafumi Kadono, recently visited ADB-aided small and medium-sized enterprises (SMEs) in Kandy. Kadono expressed.

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Finance

ADB and Sri Lanka Secure $100 Million Loan for Power Sector Reforms

On Monday, the Asian Development Bank (ADB) and the Government of Sri Lanka signed a $100 million loan agreement for Subprogram 1 of.

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Economics

ADB Praises Sri Lanka’s Macroeconomic Progress

The Asian Development Bank (ADB) has expressed confidence in Sri Lanka’s macroeconomic indicators, with Country Director Takafumi Kadono noting positive developments during a.

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Economics

Sri Lanka’s Net Debt Decreases in 2023 Despite Borrowing for Budget

Sri Lanka’s central government net debt decreased to 36.3 billion USD in 2023, down from 37.5 billion USD in 2022, despite borrowing 1.57.

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