World Bank provides additional funding for Sri Lanka [September 16 2008]

The Government and the World Bank signed three loan agreements providing additional financing of US$98 million for the Road Sector Assistance Project, US$43 million for the North East Housing Reconstruction Program and US$10 million for the Education Sector Development Project.

The Road sector Assistance Project, which commenced in 2006, has demonstrated quick implementation results with a credit of US$ 100 million, and a total of 602 km of national and rural roads are scheduled to be completed by 2011.