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00:11 In the heart of the Indian Ocean lies Sri Lanka,

00:15 an island with a big story.

00:17 More than 23 million people call this country home.

00:21 From its renowned tea gardens and fertile plains,

00:25 to the vibrant hubs of IT,

00:27 apparel,

00:28 and tourism,

00:29 the island's spirit is as diverse as its landscape.

00:34 But the road

00:35 hasn't always been smooth.

00:39 After stabilizing from an economic crisis,

00:42 the country is setting its sights high,

00:45 aiming for 7% growth and a stronger,

00:48 more secure future.

00:50 The World Bank Group's new country Partnership framework developed

00:54 in partnership with the government of Sri Lanka,

00:57 directly supports that journey.

01:00 It focuses

01:01 on what matters most,

01:03 job creation

01:04 through private sector led growth.

01:08 The World Bank Group's Country Partnership framework has four clear outcomes.

01:13 First,

01:14 make it easier to do business.

01:17 That supports Sri Lanka's ambition to double annual export

01:21 earnings to $36 billion US dollars by 2030.

01:28 Second,

01:29 stronger infrastructure that benefits everyone.

01:34 Third,

01:35 create more and better jobs in tourism and agriculture,

01:39 two of Sri Lanka's greatest assets and fastest

01:43 path to creating opportunities across the island.

01:47 4th,

01:49 prepare for shocks to help communities recover faster when disasters hit,

01:54 and with greater support.

01:56 But growth is not just about numbers,

01:59 it's about people.

02:01 It's about young entrepreneurs building something of their own.

02:06 Women stepping into new opportunities,

02:09 students gaining skills that match tomorrow's jobs,

02:13 and communities that have long been left behind,

02:16 finally getting a fair chance.

02:19 The World Bank Group brings its full toolkit,

02:23 working as one to support Sri Lanka's development

02:26 by pairing public resources with private capital and

02:30 knowledge to create jobs and build a stronger,

02:34 more inclusive future for all Sri Lankans.

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transcript
In the heart of the Indian Ocean lies Sri Lanka, an island with a big story. More than 23 million people call this country home. From its renowned tea gardens and fertile plains, to the vibrant hubs of IT, apparel, and tourism, the island's spirit is as diverse as its landscape. But the road hasn't always been smooth. After stabilizing from an economic crisis, the country is setting its sights high, aiming for 7% growth and a stronger, more secure future. The World Bank Group's new country Partnership framework developed in partnership with the government of Sri Lanka, directly supports that journey. It focuses on what matters most, job creation through private sector led growth. The World Bank Group's Country Partnership framework has four clear outcomes. First, make it easier to do business. That supports Sri Lanka's ambition to double annual export earnings to $36 billion US dollars by 2030. Second, stronger infrastructure that benefits everyone. Third, create more and better jobs in tourism and agriculture, two of Sri Lanka's greatest assets and fastest path to creating opportunities across the island. 4th, prepare for shocks to help communities recover faster when disasters hit, and with greater support. But growth is not just about numbers, it's about people. It's about young entrepreneurs building something of their own. Women stepping into new opportunities, students gaining skills that match tomorrow's jobs, and communities that have long been left behind, finally getting a fair chance. The World Bank Group brings its full toolkit, working as one to support Sri Lanka's development by pairing public resources with private capital and knowledge to create jobs and build a stronger, more inclusive future for all Sri Lankans.
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worldbank/WGB Final Video (Apr 1)
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WGB Final Video (Apr 1)
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WGB Final Video (Apr 1)
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The World Bank Group’s new Country Partnership Framework (CPF) for Sri Lanka sets out a clear roadmap to support Sri Lanka’s continued recovery and its ambition of achieving 7% growth. Anchored in the country’s development priorities, the CPF focuses on creating jobs through private sector-led growth, promoting reforms that improve the business climate, facilitate trade, and enhance competitiveness. It channels investment into sectors with strong potential to create jobs and attract private capital at scale, including ports and logistics, clean energy, export-oriented agriculture, and high-value tourism. The CPF deploys the full World Bank Group toolkit — financing, guarantees, and advisory services — to unlock private investment and expand opportunity. Targeted support will be provided to women and youth and to lagging regions, especially the Northern and Eastern provinces. The CPF also strengthens Sri Lanka’s resilience to future shocks that could reverse development gains and derail the path to sustainable growth.
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