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flag ADB approves $200M loan to aid Sri Lanka's financial sector reforms and economic recovery.

flag The Asian Development Bank has approved a $200 million loan to support Sri Lanka's financial sector, focusing on enhancing the Central Bank's supervision of banks and implementing a new stress testing model. flag This is the second phase of ADB's program, aimed at stabilizing the financial sector and promoting economic recovery. flag The reforms include improving regulatory oversight and digitizing personal information to boost electronic transactions.

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