World Bank Pledges US$200 Million for Key Projects
- 5opn1
- January 23, 2025
- Banking and Financial
- World Bank Pledges US$200 Million for Key Projects
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The World Bank reaffirmed its support for Sri Lanka with plans to finance three key projects over the next three months totaling $200 million.
World Bank Vice President for South Asia, Martin Raiser, concluded a 2-day visit to Sri Lanka today.Key areas of focus during the visit included the government’s commitment to poverty reduction, digital development, and the Clean Sri Lanka initiative.
The World Bank reaffirmed its support in these areas, with plans to finance three key projects over the next three months totaling $200 million. These projects will support rural development and education and will establish a facility to attract private investment in renewable energy.
During his visit, he met with President Anura Kumara Dissanayake, Prime Minister Harini Amarasuriya and other government officials, private investors, and development partners to discuss the country’s ongoing efforts towards economic recovery and long-term growth.
