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ADB Financing to Strengthen Financial Sector Reforms in Sri Lanka
On 19th November, the Asian Development Bank (ADB) approved a $200 million policy-based loan to further help the Government of Sri Lanka strengthen its financial sector. This second subprogram of ADB’s Financial Sector Stability and Reforms Program builds on the stabilization and crisis management measures put in place under the first subprogram approved in 2023. “Sri…