Sri Lanka, Nov. 10 -- The Asian Development Bank (ADB) has approved a $100 million loan to address complex and challenging structural reforms in Sri Lanka's financial sector through better governance, continued policy reforms, and enhanced financial inclusion.

This loan builds on the structural reforms addressed in the previous two ADB lending programs totaling $400 million since the country's economic crisis in 2022. This loan will support the culmination of previous reform efforts, focusing on the completion and long-term sustainability of measures aimed at enhancing the financial sector's resilience and continuing service delivery.

"ADB is proud to support Sri Lanka's continued efforts in strengthening the financial sector," said ADB...