A $350 million loan to Sri Lanka from the Asian Development Bank

The Asian Development Bank has taken steps to approve a loan amount of 350 million dollars to stabilize the economy of Sri Lanka. Accordingly, the Asian Development Bank states that the loan amount has been given to strengthen the budget based on policy issues.

The Asian Development Bank has issued a statement regarding the loan amount stating that it is more concerned about the situation that the people of Sri Lanka have to face due to the economic crisis.

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