Sri Lanka

US$ 150 million financial assistance from ADB to rehabilitate rural roads

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The cabinet of ministers have given approval for Minister of Finance Mangala Samaraweera to obtain a US$ 150 million financial assistance from the Asian Development Bank (ADB) to complete the second stage of the program to rehabilitate rural road network.The Government of Sri Lanka has entered into a Framework Financing Agreement with the Asian Development Bank to obtain multi-tranche financial facilities up to an aggregate of US$ 900 million to finance the Second Integrated Road Investment Programme




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Category: Srilanka


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