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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Connecting Coders and NGOs for creating opportunity and social goodsOctober 01, 2014, Dhaka: The World Bank and the Microsoft held the final round of the annual regional grant competition ‘Coding your... Show More + opportunity’ for the youth led organizations and NGOs. The winning organizations received up to US $ 10,000 each to implement innovative ideas that will expand coding knowledge among the youth, helping them to secure and create gainful employment.Today, four finalist organizations from Bangladesh and three finalist organizations from Nepal presented their proposal to a panel of judges, comprising of leading IT and development experts. Robotics Association from Nepal, and Better Stories Limited from Bangladesh received awards for implementing their innovative proposals. “South Asia is home to the world’s largest working age youth population. Learning about Coding and computing has become an essential job-skill in today’s world,” said Christine Kimes, Acting Country Head, World Bank Bangladesh “The competition received many good proposals and we are hopeful that the winning projects would create awareness about coding and help the condition of the participating countries for gainful employment.”The competition was rolled out in four South Asian countries - Bangladesh, Nepal, Maldives and Sri Lanka. The competition had received over seventy project proposals from Bangladesh, Nepal, Sri Lanka and Maldives. “Through our global YouthSpark program Microsoft is committed to helping young people around the world achieve their employment, education or entrepreneurship dreams. Through this technology partnership with World Bank we see a huge opportunity for young people in Bangladesh, Sri Lanka, Maldives and Nepal to benefit from the work of Better Stories Limited and Robotics Association of Nepal. ” said Clair Deevy, Corporate Social Responsibility Lead for Asia Pacific, Microsoft, who flew in for the event in Bangladesh.The criteria for judging the winning proposals were: coding knowledge; use of technology in the delivery of services to beneficiaries; if the project provides employment opportunities; its participatory aspect; and use of the team’s organizational strengths and the use of partnerships to leverage maximum usage of resources. Other factors considered were, the capability of the projects to reach completion within the 12 month period of the disbursement of the grant, the strength of their sustainability plans and if they had the capacity to be replicated beyond the project period. A similar event will be held in Sri Lanka in the same week, where the finalists of Sri Lanka and will compete.Sarvodaya Fusion, Sri Lanka has joined the World Bank and the Microsoft as the coordinating and implementing partner. Show Less -
Colombo, September 26, 2014 — The Ministry of Disaster Management together with the World Bank launches a Climate Resilient Program today. The program is launched at the three day Disaster Management ... Show More +Conference at the BMICH in Colombo titled “the Future we want – a Safer Sri Lanka”.Since the catastrophic Tsunami, Sri Lanka has achieved a significant progress strengthening preparedness to safeguard lives. There is a lot more to do to reduce the economic and social impacts of disasters. Given Sri Lanka’s development trajectory and increasing incidents of natural events it is commendable that the Government of Sri Lanka is embarking on a fairly large program with essential investments in the disaster management sector.“Today we are embarking on a long term engagement to analyze the root causes of disasters and will finance a wide range of measures to increase resilience to these adverse events” said Francoise Clottes, World Bank Country Director for Sri Lanka and the Maldives summing up the Climate Resilience Program in Sri Lanka. “The World Bank is pleased to be a part of this program and support the Government to be better prepared to face external shocks that would impact on efforts to reduce poverty and promote shared prosperity in Sri Lanka” she further stated commending progressive steps taken in this sector.This landmark program looks at the climate risk in a holistic way and helps the government to implement short, medium and long term measures to address the physical and fiscal aspects of disaster risk. The program consists of the Climate Resilience Improvement Project for US$ 110 million and a Development Policy Loan with a Catastrophe Deferred Draw Down Option (CATDDO) for US$ 102 million.CATDDO is a new instrument which provides immediate liquidity to the government after a disaster and Sri Lanka is the first country in South Asia Region to use this facility. In addition to the two projects a significant amount of technical assistance is expected with the support of the Global Facility for Disaster Reduction and Recovery (GFDRR) in the areas of risk modeling and disaster risk financing and insurance. Show Less -
Turn on your faucet and chances are that you have clean water around the clock. However, for many around the world, this is a luxury. In areas throughout Northern and Eastern Sri Lanka that had been a... Show More +ffected by decades of conflict, the lack of infrastructure development and maintenance meant that many went without access to safe water and toilet facilities. A resident in the village of Mahadivulweva recalls the difficulties that they faced, “our villages have been badly affected by the war. We suffered innumerable difficulties and did not have proper toilet facilities. We used pit toilets. No words are sufficient to adequately describe the personal difficulties that we experienced.” Another resident said that “there were no means of living, no roads, no toilets, and no drinking water wells.” Show Less -