YEAR 2000 EMERGENCY ASSISTANCE PROJECT
Sector: Road • Location: Sri Lanka
Source: World Bank Group
The Year 200 Emergency Assistance Project assists the government of Sri Lanka, on an urgent basis, in its efforts to prevent possible business disruption in the country's economic and financial sectors as a result of the Year 2000 (Y2K) problem. This project has two main components. The financial sector component provides onlending, through the central bank (CBSL), to the public banks and a few pr
- Status
- Closed
- Sector
- Road, Government
- Location
- Sri Lanka
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | closed |
Taiyo status | Closed |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Year 200 Emergency Assistance Project assists the government of Sri Lanka, on an urgent basis, in its efforts to prevent possible business disruption in the country's economic and financial sectors as a result of the Year 2000 (Y2K) problem. This project has two main components. The financial sector component provides onlending, through the central bank (CBSL), to the public banks and a few private banks for their eligible Y2K-related expenditures including the cost of consultants and equipment. It also finances technical assistance for CBSL to conduct its scaled up Y2K monitoring and supervision of banks. The government agencies component finances the cost of required equipment, experts (local and international) for various technical tasks, and short-term training for staff of the institutions mentioned. A project coordination unit will be set up to closely monitor concerned agencies and to assist the planning and implementation of their Y2K remediation activities. |
Original sector | FY17 - Financial Sector,FY17 - Public Administration |
Budget |
Location
Country | Sri Lanka |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Road, Government |
Article published date | 2025-12-17 |
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