ADB assures continued financial support

News

The Asian Development Bank’s President Masatsugu Asakawa, as part of the 55th ADB Annual Meeting, addressing the media today (Tuesday) said following the IMF programme they will continue to provide another package of assistance to Sri Lanka.

“We are closely working with the government,” he said, adding that Sri Lanka is facing a “very difficult situation and the economy has contracted.”

He pointed out that on September 9 they had already signed an agreement for an emergency assistance loan to provide food to the country.

He reiterated ADB’s support to the nation and noted that they were confident the government is working on seeking assurance from other creditors. (SD)

Comments

Still No Comments Posted.

Leave Comments

Most Reviews

July 11, 2024

- 1235 - 0

Colombo Fort Magistrate interdicted

The Judicial Service Commission (JSC) has interdicted Colombo Fort Magistrate Kosala Senadheera.

July 9, 2024

- 439 - 0

Govt employees who refrained from taking part in strike to be rewarded

July 16, 2024

- 294 - 0

MP on open warrant turns up at school event

Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.

July 12, 2024

- 274 - 0

SC refuses interim order on Judges appointments

The Supreme Court today refused interim relief in an application filed by President’s Counsel Senaka Walgampaya seeking an Order from the Supreme Court compelling the President to appoint judges to fill the existing vacancies in the Court Of Appeal.

July 10, 2024

- 273 - 0

Deadline extended for G.C.E. A/L applications

The deadline for online applications to the 2024 G.C.E. Advanced Level (A/L) Examination has been extended until July 12, the Department of Examinations said.

July 8, 2024

- 203 - 0