Regulatory & Policy NewsEnergy & Utilities
Sri Lanka Secures US$ 100 Mn ADB Loan for Water Sector Reforms š
⢠Funding Structure & Breakdown - Total approved loan: US$ 100 Mn from the Asian Development Bank (ADB). - US$ 50 Mn: Policy-based loan. - US$ 50 Mn: Concessional ordinary capital resources. - Part of a broader US$ 620 Mn total ADB loan package financing national economic reforms. ⢠Program Focus & National Impact - Target initiative: Water Supply and Sanitation Reform Program ā Sub-program 2. - Addressing operational and financial inefficiencies, climate risk exposure, and water resource management weaknesses. - Improves stakeholder coordination and social inclusion across key public services.
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