Sri Lanka, Feb. 17 -- The Sri Lankan government has finalized negotiations with the World Bank Group to secure a US$ 50 million loan (provided in Special Drawing Rights - SDR) to fund the Sri Lanka Digital Transformation Project.Sri Lanka travel

This initiative is a cornerstone of the Digital Economy Strategy (2025-2030), aimed at modernizing public service delivery through transparency, efficiency, and citizen-centric digital platforms.

Under the new framework:

The Ministry of Finance, Planning and Economic Development will manage the loan facility. GovTech Sri Lanka (the newly established successor to ICTA) will serve as the primary implementing agency. The Ministry of Digital Economy will provide policy oversight and inter-ministeri...