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ADB Earmarks Up to $5 Billion to Help Sri Lanka's Transition to Upper Middle Income Country Status
August 24, 2017
COLOMBO, Sri Lanka, Aug. 24 -- The Asian Development Bank issued the following news release:

The Asian Development Bank's (ADB) Board of Directors has endorsed a country partnership strategy (CPS) for 2018-2022, amounting to up to $1 billion per year, to help Sri Lanka's transition to an upper middle income country.

"In its new CPS, ADB aims to respond flexibly to the evolving demands of the government," said Sri Widowati, ADB Country Director in Sr . . .

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