US EditionPresident meets World Bank chief, discuss 3-year partnership
6 Articles
6 Articles
The commitment was not found in the first version of the official agenda published at 6 p.m. on Thursday morning, but entered afterwards.
World Bank President Banga Visits Sri Lanka amid Post-Election Recovery Push - LNW Lanka News Web
World Bank Group President Ajay Banga arrived in Sri Lanka today, marking the first presidential visit by a World Bank chief to the island nation in nearly two decades. The high-level visit follows the recent local council elections and underscores the World Bank’s commitment to supporting Sri Lanka’s path to economic recovery and sustainable development. Banga’s arrival comes at a pivotal time for the country, as it continues to emerge from a s…
World Bank pledges US$1bn to Sri Lanka on Banga visit
ECONOMYEXT – Washington-based World Bank had announced a billion US dollars in financing to help Sri Lanka’s recovery after a visit by its chief Ajay Banga to the island, which is recovering from a currency crisis which ended in external default. The package targets sectors with high potential for employment and investment in energy, agriculture, tourism, and regional development, over three years. “This is a moment of opportunity for Sri Lanka,…
World Bank announces USD 1 billion package for Sri Lanka
Colombo, May 7 (PTI) The World Bank on Wednesday announced a package of USD one billion over three years to support job creation and develop private sector growth in Sri Lanka, a press release said. The announcement came after a meeting between World Bank President Ajay Banga and President Anura Kumara Dissanayake here. “The initiative aims to expand economic opportunity, strengthen local industry and attract private capital to support long term…
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