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Sri Lanka Receives ADB Funding
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Overview
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Sri Lanka is set to receive $600 million in ADB funding following IMF approval, aimed at aiding the country's recovery from its worst financial crisis. The support includes policy-based loans and project lending, with specific allocations for key sectors and small businesses.
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How might the ADB funding impact Sri Lanka's economic growth and stability?
What are the potential long-term effects of the financial crisis on Sri Lanka's economy?
What reforms must Sri Lanka implement to receive the ADB funding?
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