Talks with WB team to revive stalled projects View(s):A World Bank delegation visiting Sri Lanka next month will discuss plans to revive a string of projects that were stalled due to the 2022-23 economic crisis. Foreign Affairs Minister Vijitha Herath told the Sunday Times that stalled projects—including those in education, highways, and other infrastructure—as well as new projects, would be discussed with the visiting WB team, with the intention of completing them in the next five years. The team is expected to discuss devastation caused by Cyclone Ditwah and the assistance required by the country. In December, the World Bank assessed Sri Lanka’s cyclonic disaster damages at US$ 4.1 billion. The IMF is expected to take up the fifth and sixth reviews of the Extended Fund Facility with Sri Lanka.

Source: Sunday Times February 07, 2026 20:10 UTC