• #163, Kirulapone Avenue, Colombo 05, Sri Lanka
  • +94 112 51 5759

sintami

Finance Minister Chief Guest at the Sri Lanka -ADB 50- year partnership ceremony

ravi karunanayakeThe Minister of Finance  Ravi Karunanayake will be the chief guest on the occasion of the celebration to mark the 50 years of theSri Lanka’s partnership with the Asian Development Bank (ADB).Sri Lanka is one of the founding member countries of the Asian Development Bank (ADB), which was established in 1966.
The ceremony to mark the 50 year long standing partnership with ADB will be held at the Independence Square, Colombo 07, at 3.30 pm on Monday the February 6 with the participation of Mr. Hun Kim, director general, South Asia Regional Dept (SARD) of the ADB.The guests will also  opena photographic exhibition depicting the assistance given to Sri Lanka in the last 50 years  by the ADB at the Independence Hall.This exhibition will be open for the general public on February 7th and 8th.Later, this exhibition will also be held in Galle on 15, 16, 17 March 2017.

The first assistance from the ADB was a loan to the country in 1968 to help modernize tea factories, and it progressed to fund projects in a variety of sectors according to the needs of the country and in keeping with the development policies of the respective governments of the day. Since then the ADB has cumulatively lent $8.2 billion and provided more than $363 million in grant assistance and more than $138 million in technical assistance to the island nation.

The ADB’s contributions to the development of the country  werein the fields of Power & Energy, Roads &Transport, Education & Skills Development, Irrigation, and Water Supply & Sanitation. Further the Regional Development, Public Sector and Finance also stand among many sectors benefitted from the financial and technical assistance received from ADB.

Headquartered in Manila, ADB is dedicated to reducing poverty in Asia and the Pacific through inclusive economic growth, environmentally sustainable growth, and regional integration. ADB has 67 member countries of which 48 are from the region.

The Asian Development Bank’s  (ADB) 50-year partnership with Sri Lanka, has also contributed immensely toward the country’s development through upgrading infrastructure, improving education and skills-based training, and reconstruction in conflict- and tsunami affected areas. ADB has also supported the growth of small and medium-sized enterprises, development of agriculture and natural resources, and management of the public sector.

Some of the flagship projects in the country such as the first-ever expressway in Sri Lanka (the Southern Expressway), expansion of the Colombo port, and the upgraded Udatenna–Mahiyangana road were made possible due to the assistance of ADB. 

The Sri Lanka Resident Mission was established in 1997, enabling ADB to work more closely with Sri Lanka while better appreciating and understanding the development needs, challenges, and opportunities of the country.

LATEST POSTS

ප්‍රවෘත්ති නිවේදනය - 2019.07.21

Monday, 22 July 2019 09:56

සත්විරු අභිමන් ජුලි 22 වැනිදා ජනපති ප්‍රධානත්වයෙන් ....

Press Release 2019.07.18

Thursday, 18 July 2019 15:13
Press Release 2019.07.18

මාධ්‍ය නිවේදන 01- 31.05.2019

Friday, 31 May 2019 16:10

විදෙස් ගමන් බලපත් සංශෝධනය

මාධ්‍ය නිවේදන 01- 13.05.2019

Monday, 13 May 2019 15:11

වැඩ බලන ආරක්ෂක අමාත්‍ය

මාධ්‍ය නිවේදනය - 2019.05.11

Saturday, 11 May 2019 19:44
මාධ්‍ය නිවේදනය  - 2019.05.11

රජය හෝ ප්‍ර‍වෘත්ති දෙපාර්තමේන්තුව කිසිදු ආකාරයක මාධ්‍ය වාරණයක් සිදු කර...

මාධ්‍ය නිවේදන 01- 07.05.2019

Tuesday, 07 May 2019 12:08

අම්පාර දිස්ත්‍රික් - රට වෙනුවෙන් එකට සිටිමු වැඩසටහන සාර්ථකව ක්‍රියාත්මකයි

මාධ්‍ය නිවේදන 05- 06.05.2019

Monday, 06 May 2019 14:55

රට වෙනුවෙන් එකට සිටිමු අම්පාර දිස්ත්‍රික් වැඩසටහන්

මාධ්‍ය නිවේදන 04- 06.05.2019

Monday, 06 May 2019 11:50

ෂරියා විශ්වවිද්‍යාලය පිළිබඳව විශ්ව විද්‍යාල කොමිසන් සභාවේ අවධානය

ஊடக அறிக்கை 03- 06.05.2019

Monday, 06 May 2019 11:17

ஊடக அறிக்கை 03- 06.05.2019

Press Release 03- 06.05.2019

Monday, 06 May 2019 11:13

Stand together for the Country

The department assists media in a macro level in welfare, training, policy planning and accreditation, and providing easy access to Government news and information.