The Sri Lankan economy has seen robust annual growth at 6.4 percent over the course of 2003 to 2012. Almost five years after the end of the three-decade civil conflict, Sri Lanka is now focusing on long-term strategic and structural development challenges as it strives to transition to an upper middle income country.
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June 25, 2014 — The North East Local Services Improvement Project is enhancing local service delivery and livelihoods of communities in Sri Lanka’s conflict-affected North and Eastern Provinces.Read More »
June 11, 2014 — Sri Lanka relies heavily on a dam network of 270 medium and 80 large-scale dams to provide irrigation water for farms in its dry zone, which covers two thirds of the country. The Dam Safety and Water Resources Planning Project has repaired 62 dams, which will reduce floods, water management, and irrigation for over 1 million farmers.Read More »
April 22, 2014 — Sri Lanka today became the first South Asian country to access an innovative form of World Bank financing that provides immediate payouts after a major catastrophe such as a tsunami, cyclone or flood.Read More »
June 2, 2014 — The Re-awakening Project reaches over 1,000 war-affected villages and has supported 283,000 beneficiaries. Over 2,000 km of rural roads have been repaired and irrigated land increased by 54,000 hectares, helping villages recover and thrive after conflict and floods. Read More »
The project aims to transform Colombo into a modern, world-class capital by reducing the physical and socioeconomic impacts of flooding, and improving overall capacity for operating and maintaining metropolitan and local infrastructure.
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