Regulatory & Policy NewsTechnology & Digital Services

šŸ“ˆ ADB Approves US$ 98 Mn Loan for Sri Lanka's Digital Transformation

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• Key Figures: The Asian Development Bank (ADB) approved a US$ 98 Mn loan alongside an additional US$ 1 Mn technical assistance grant to support Sri Lanka's National Digital Economy Blueprint. • Connectivity & Infrastructure: Upgrades telecom infrastructure from 2G to 4G/5G, expands high-speed broadband to underserved/rural areas, and modernizes state data systems via Lanka Government Cloud 3.0. • Cybersecurity & Skills: Enhances cybersecurity for critical national information infrastructure, provides digital skills training for public sector employees, and boosts women's participation in the digital economy.

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