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
Project Description:
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.