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COLOMBO: Sri Lanka’s cabinet approved a $200 million loan from the Asian Development Bank (ADB), the Media Ministry said in a statement on Tuesday, as the country focuses on rebuilding its crisis-hit economy.

The funds will be obtained in a five-year loan to help the island navigate its way out of its worst financial crisis in more than seven decades.

  • Published On Sep 27, 2023 at 07:50 AM IST

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