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YEAR 2000 EMERGENCY ASSISTANCE PROJECT

Sector: Road • Location: Sri Lanka

Source: World Bank Group

Project
Closed

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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The project “YEAR 2000 EMERGENCY ASSISTANCE PROJECT” is an infrastructure initiative in the Road sector, located in Sri Lanka. Taiyo aggregates data on it from World Bank Group.

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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