Green light for talks with ADB to secure grant of USD 125m

Sri Lanka has been supplied with a USD 50 million financial grant by the Asian Development Bank to implement the ‘Health System Enhancing Project.

The sum comprises a loan of USD 37.5 million and a grant of USD 12.5 million.

Out of this, USD 15 million has already been allocated for COVID-19 pandemic situations related activities.

In addition, the ADB has consented to releasing an additional USD 125 million under the ‘Health System Enhancing Project’ and Cabinet approval has been granted to conduct discussions with the ADB to obtain this grant.

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