The World Bank increases assistance to Sri Lanka

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The World Bank has enhanced its assistance to Sri Lanka. World Bank’s Vice President for the South Asia Region Hartwig Schafer said that the assistance to Sri Lanka would be increased under three new operations. He said this when he met President Mithripala Sirisena at the presidential secretariat this morning. The new operations include assistance in agriculture, Irrigation, weather and renovations to rural tanks. The vice President said that they would support Sri Lanka to bridge the budget deficit, enabling the country to continue to obtain global loan assistance. He expressed his happiness over Sri Lanka returning to normalcy soon. He also appreciated Sri Lanka becoming a higher middle income country. The President said that he thanked the World Bank for the support given to overcome challengers after the Easter Sunday Terrorist attacks.

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2020-Aug-06 | 08:08

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