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24 February 2016


A.D.B President calls on the Minster of Finance

President of the Asian Development Bank Takehiko Nakao called on Finance Minister Ravi Karunanayake today, where agreements were signed.A Statement from the ADB notes that Takehiko Nakao signed an innovative 100 Million Dollar loan agreement to channel funds to small and medium-sized enterprises through local banks.
Minister of Finance,Ravi Karunanayake stated that the nation is back in the world map and dramatic changes can be seen, so the ADB’s support must be appreciated in a time when the Government inherited the economy and the revenues were insufficient to pay added servicing, but the capability to steer clear and navigate the economy though turbulent international times has been due to the financial discipline that has been inculcated

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