Sri Lanka, March 20 -- The Asian Development Bank (ADB) yesterday announced the launch of a new country partnership strategy (CPS)

for Sri Lanka covering the period 2024-2028.

The strategy will focus on restoring the country's macroeconomic stability, reviving growth, and establishing the foundation for sustainable recovery and resilience.

This new partnership strategy will build on ADB's ongoing assistance to support the country's efforts to restore macroeconomic stability, and to achieve green and long-term sustainable growth.

"The CPS responds to Sri Lanka's economic situation by tailoring ADB assistance to address the country's long-standing macroeconomic imbalances and structural impediments through knowledge solutions, policy ad...