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International donors raise alarm over changes to Electricity Act

Summary by ft.lk
Three leading global donors have expressed concerns over some of the amendments to the Electricity Act urging the Government reconsider the move to ensure alignment with good governance, competitive procurement, regulatory independence, and financial sustainability. In a strong stand the World Bank and IFC Country Manager Gevorg Sargsyan, Asian Development Bank (ADB) Country Director Takafumi Kadono and Japan International Cooperation Agency (JI
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ft.lk broke the news in on Wednesday, June 25, 2025.
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