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SRI LANKA RECONSTRUCTION AFTER WAR COULD STIMULATE ECONOMY: ADB.
COLOMBO, April 1 Asia Pulse - Sri Lanka's economic growth will slow down this year but could revive in 2010 helped by reconstruction activity expected with the end of the war against Tamil Tigers, the Asian Development Bank said.
The bank's Asian Development Outlook 2009 report said the island's economic growth is likely to fall to 4.5 per cent in 2009 from six per cent in 2008.
The global recession was having an effect on the economy, with a sharp fall in exports affecting domestic industries and employment.
But growth could rebound to six per cent in 2010 with the expected global recovery and end to the ethnic war.
"While the economy has managed to do relatively well ...
- Sri Lanka : Asian Development Bank Tourism Project.
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- Newspaper article from: Daily Mirror June 19, 2009 700+ words
Colombo, June 19 -- The Government of Sri Lanka and the Asian Development Bank (ADB) signed a $160 million loan agreement...the Clean Energy and Access Improvement Project (Sri Lanka). The funds will be used to support energy efficiency...
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- Newspaper article from: Xinhua English Newswire November 20, 1995 700+ words
Sri Lanka is to get Asian Development Bank assistance to restore the oil tanks destroyed by Tamil rebels in Colombo last month, official sources said today. Already...
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- News wire article from: AsiaPulse News April 3, 2009 700+ words
...major concern for Sri Lanka's corporate sector, the Asian Development Bank (ADB) said...for the ADB in Sri Lanka, said a recent...much an issue for Sri Lanka," she told a...present the bank's Asian development outlook for 2009...
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- News wire article from: AsiaPulse News January 21, 2003 700+ words
...ASIAN DEVELOPMENT BANK BUSINESS...Sri Lanka Project: COASTAL...PROJECT Financing: Asian Development Bank Abstract...Socialist Republic of Sri Lanka has received a loan from Asian Development Bank (ADB) toward...
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- News wire article from: AsiaPulse News May 5, 2004 700+ words
...Pulse Tender *** ASIAN DEVELOPMENT BANK UNITED NATIONS...2004 Country: Sri Lanka Project: SECONDARY...PROJECT Financing: Asian Development Bank Abstract...Socialist Republic of Sri Lanka has received a loan from Asian Development Bank (ADB) toward...
- SRI LANKA IN ADB-FUNDED SOUTH ASIA TOURISM PROJECT.
- News wire article from: AsiaPulse News July 29, 2009 700+ words
...COLOMBO, July 29 Asia Pulse - Sri Lanka has been included in an Asian Development Bank (ADB) funded project...Bhutan, India, Nepal and Sri Lanka. The projects are aimed...Buddhist centres, such as Sri Lanka's ancient cities in the...
Source: HighBeam Research, SRI LANKA RECONSTRUCTION AFTER WAR COULD STIMULATE ECONOMY: ADB.