The World Bank reaffirmed its commitment to support Sri Lanka to help “shape and implement policies”, to reduce poverty and promoting sustainable growth.
World Bank Vice President for the South Asia Region Annette Dixon, met with President Maithripala Sirisena, Prime Minister Ranil Wickremesinghe and Finance Minister Ravi Karunanayake during her visit to Colombo, according to a press release published on Tuesday.
“The Government has laid out an ambitious reform agenda aimed at improving governance, transparency and accountability and establishing strong institutions for that purpose within its first 100 days. This is no small feat and the Bank stands ready to provide support to the government to help achieve these goals,” Ms Dixon said as she concluded her first visit to Sri Lanka.
The World Bank’s total net commitments in Sri Lanka are currently at $1.7bn and the bank is active in fourteen projects on the island.
As of January 2015, the World Bank Group’s private sector development arm IFC's total portfolio stood at $552mn.
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