ADB commends Sri Lanka's achievements

Prime Minister Ranil Wickremesinghe yesterday met ADB Chairman Takehiko Nakao on the sidelines of the World Economic Forum in Davos, Switzerland. Picture by Saman Mendis

Asian Development Bank Chairman Takehiko Nakao yesterday pledged more financial and technological support to Sri Lanka as the country has made tremendous achievements in the field democracy, Human rights and freedom of people.

The ADB Chairman made these remarks when he called on Prime Minister Ranil Wickremesinghe on the sidelines of World Economic Forum in Davos, Switzerland.

Their meeting focused on how the ADB can provide further assistance for the development of Sri Lanka.

ADB Chairman Nakao said that he will be in Sri Lanka to extensively discuss on how ADB can provide assistance to Sri Lanka next month.

He said that the Asian Development Bank is ready to assist Sri Lanka to restore its earlier place on the world map as a democratic, and free country.

Prime Minister Ranil Wickremesinghe outlined the reforms to be made in the country's health and education sector.

The ADB Chairman in return said that social develop index in terms of health and education is in a commendable place and expected that Sri Lanka can elevate these index further through these reforms.

They also expressed views on how Sri Lanka has obtained loans from donor agencies extensively in the past few years. Both Prime Minister Wickremesinghe and ADB chairman agreed to explore the ways from the Asian Development Bank to alleviate the debt burden.

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