WASHINGTON, May 12, 2017 - The World Bank’s Board of Executive Directors today approved the following project:
Sri Lanka Accelerating Higher Education Expansion and Development
IBRD Loan: US$67 million
Terms: Maturity = 25 Years, Grace = 10 Years
IDA Credit: US$33 million equivalent
Terms: Maturity = 25 Years, Grace = 5 Years
Project ID: P159995
The program development objective is to increase enrollment in priority disciplines, improve the quality of degree programs, and promote research and innovation in the higher education sector in Sri Lanka.