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LNP - World Bank approves US $500Mn loan for Sri Lanka

01 Oct 2021
8:37 AM
Tyronne Jayamanne
Local
LNP - World Bank approves US $500Mn loan for Sri Lanka

The World Bank’s Board of Executive Directors today approved $500 million in financing for Sri Lanka to provide safe, climate-resilient roads to connect agricultural supply chains through the Inclusive Connectivity and Development Project. This project is expected to benefit around 16 million people living in rural communities in selected districts of Sri Lanka.