The Asian Development Bank has endorsed Sri Lanka’s plan towards making Colombo the financial centre in the region.
The ADB said that it will assist Sri Lanka’s goal to Colombo into an international financial centre.
In addition, the ADB will also offer technical assistance to develop a comprehensive master plan for the Sri Lanka capital market.
This includes policy and institutional reforms as well. The plan will cover equities, bonds, derivatives including commodities, money market and a capital market tribunal.