WB commends SL’s poverty alleviation program

WB commends SL’s poverty alleviation program

The World Bank has commended programmes launched by Sri Lanka towards alleviating poverty in the county.

During a discussion with President Maithripala Sirisena, World Bank Vice President for South Asia Region, Hartwig Schafer said Sri Lanka is gradually achieving its target of becoming a high-income economy through a systematic approach.

The President’s Media Division said the World Bank Vice President for South Asia Region, Hartwig Schafer has responded positively to a request made by the President, for aid to initiate irrigation projects.

President Sirisena has also pledged to launch projects through World Bank aid void of corruption. The World Bank Vice President for South Asia Region, Hartwig Schafer concluded his three-day visit to Sri Lanka yesterday with a commitment to work with public and private sectors to create the space for women to access work and remain at work. The World Bank in a statement said evidence suggests that Sri Lankan women are excelling in higher education and outlive men, but they are not part of the workforce.

During the visit the Vice President met with President Maithripala Sirisena, Prime Minister Ranil Wickremesinghe, Minister of Finance, Mangala Samaraweera and several senior government and non-government officials. He also interacted with community groups, project officials, private sector, development partners, civil society groups and completed a field visit to learn about a planned project to mitigate flood risk in Colombo.

During his stay, World Bank Vice President for South Asia Region, Hartwig Schafer also launched the latest edition of the Sri Lanka Development Update, a report on the key developments over the past six months in Sri Lanka’s economy, placed in a longer term global context.


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