Showing posts with label Asian Development Bank. Show all posts
Showing posts with label Asian Development Bank. Show all posts

Thursday, November 26, 2020

ADB grants loan to Sri Lanka to help SMEs

The Asian Development Bank (ADB) and the Sri Lankan government signed a 165 million U.S. dollars loan agreement Wednesday to provide immediate financing support for small and medium-sized enterprises (SMEs) severely affected by the COVID-19 pandemic.

This loan agreement will also provide long-term financing to underserved SMEs, including businesses led by women and tea smallholders, a statement from ADB in Sri Lanka said.

The agreement was signed by the Secretary of Ministry of Finance S. R. Attygalle, and ADB Sri Lanka Resident Mission Country Director Chen Chen.ars loan agreement Wednesday to provide immediate financing support for small and medium-sized enterprises (SMEs) severely affected by the COVID-19 pandemic.

This loan agreement will also provide long-term financing to underserved SMEs, including businesses led by women and tea smallholders, a statement from ADB in Sri Lanka said.

The agreement was signed by the Secretary of Ministry of Finance S. R. Attygalle, and ADB Sri Lanka Resident Mission Country Director Chen Chen. (Xinhuanet - Read the full report here)

Sunday, June 28, 2009

Water for north from Iranamadu tank

17Image by trokilinochchi via Flickr
Sri Lanka Water Board says that it will build a water supply system in the Northern Province areas that were recently captured from the Liberation Tigers of Tamil Ealam.

Iranamadu reservoir will be the source of water and areas north of Kilinochchi like Jaffna and Chavakachcheri will be supplied water by this project.

The feasibility study has already been done and the Asian Development Bank will provide 80% of the $ 60 million capital investment.

The purification plant that is to be located in Paranthan will have output of 11 million gallons.




Reblog this post [with Zemanta]

White handkerchief marks protest against forcible cremation by the government of Sri Lanka

Sri Lankan civil society is silently but strongly marking their protest against the government's inhuman  forcible  cremation of a 20-da...