An ambitious project in the area of information and communication technology has received multimillion dollar funding from the World Bank.
The funding agency approved on Tuesday (Jan. 31) an $11 million concessional credit in the form of additional financing for Sri Lanka. The funding will be for the expansion of the E-Sri Lanka Development Project, an ICT service that has won international awards and accreditations.
The project will improve businesses’ and citizens’ use of and access to information and communication in the country, including online public services.
Apart from the $11 million, the country received a $22.23 million loan from the International Fund for Agricultural Development. The loan will be used for the Iranamadu Irrigation Development Project to improve Sri Lanka’s irrigation infrastructure and crop diversification, and create market opportunities for smallholder farmers in the Kilinochchi district.
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