Sri Lanka obtains USD 400 mn loan from ADB for education project

COLOMBO (News1st): Sri Lanka has signed an agreement to obtain a loan worth USD 400 million from the Asian Development Bank to uplift the secondary education sector in the country. “The loan was borrowed at an annual interest rate of 0.5 percent with a repayment period of 26 years including a five year grace period,” […]

Sri Lanka obtains USD 400 mn loan from ADB for education project