A virtual meeting was held the other day (27) between President Anura Kumara Dissanayake and the President of the World Bank Group (WBG) Mr.
Ajay Banga at the Presidential Secretariat, to talk about Sri Lankas future development priorities.The President of the World Bank Group highlighted his commitment to promoting job creation and attending to crucial development obstacles, the Presidents Media (PMD) stated in a statement.These priorities consist of providing Sri Lanka with monetary and technical help to execute innovative solutions in sectors such as Peoples education, health care, social defense, and economic success.
The World Banks assistance also extends to financial policy, finance, competitiveness, financial investments, institutional advancement, and poverty alleviation.Additionally, efforts are concentrated on advancing farming, water management, climate action, environmental sustainability, social addition, infrastructure, and digital change, the statement said.During the meeting, President Dissanayake stressed the governments focus on poverty relief, especially in backwoods.
He likewise stressed the need for increasing federal government earnings through digitalization and by strengthening crucial sectors such as tourism, the maritime market, state-owned business (SOEs), and the energy sector, with a focus on encouraging investor participation in power generation.The President even more went over efforts to promote financial development in the North and East of Sri Lanka, especially in improving education, healthcare, and human resource advancement.
President Dissanayake likewise highlighted the requirement to enhance occupation education parallel with scholastic education to meet the evolving needs of the labor force in these regions.The President of the World Bank Group exposed that Sri Lanka has been chosen as one of 20 countries worldwide to host the integrated South Asia office, set to open on July 25, 2025, the PMD added.This effort is part of Mr.
Bangas plan to develop 20 integrated country workplaces to enhance coordination among the four essential World Bank Group institutions: the International Bank for Reconstruction and Development (IBRD), the International Development Association (IDA), the International Finance Corporation (IFC), and the Multilateral Investment Guarantee Agency (MIGA).
Deputy Minister of Economic Development Prof.
Anil Jayantha and Deputy Minister of Finance and Planning Dr.
Harshana Suriyapperuma also took part in the conversation.-- PMD