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The Asian Development Bank (ADB) has approved a $200 million loan to upgrade Sri Lanka s power sector infrastructure, enhancing the reliability of transmission and distribution networks and facilitating greater integration of renewable energy. MORE..

25 Nov 2024 (2:21 PM)

The International Monetary Fund s (IMF) Senior Mission Chief for Sri Lanka, Peter Breuer, stated that Sri Lanka s continuation of the Extended Fund Facility (EFF) program will support stable and inclusive growth for the country. MORE..

25 Nov 2024 (12:17 PM)

United States international development finance corporation, which is partially funding the Colombo port terminal in Sri Lanka, is employing due diligence on the project after the allegations against the Adani Group chairman by the US Department of Justice came to light. MORE..

25 Nov 2024 (3:28 PM)