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Asian Development Bank Provides Us$200 Million in Loan Assistance

Summary by NewsNow
NEWSNOW | – The Government of Sri Lanka has entered into negotiations with the Asian Development Bank (ADB) to secure a loan of US$ 200 million to continue the Mahaweli Water Security Investment Program (MWSIP) – Phase 2 as a government priority project. The loan will cover part of the total project cost. MWSIP-Phase 2, which will support improved food and water security and build climate resilience, consists of two components. (1) Completion of…
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NEWSNOW | – The Government of Sri Lanka has entered into negotiations with the Asian Development Bank (ADB) to secure a loan of US$ 200 million to continue the Mahaweli Water Security Investment Program (MWSIP) – Phase 2 as a government priority project. The loan will cover part of the total project cost. MWSIP-Phase 2, which will support improved food and water security and build climate resilience, consists of two components. (1) Completion of…

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NewsNow broke the news in on Tuesday, December 16, 2025.
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