World Bank extends support for SL economic reformsNewsThe World Bank and the Government of Sri Lanka signed a US $200 million agreement today. This is marking as the second phase of a two-part series that began in 2022, a press release from the World Bank said. This second Resilience, Stability, and Economic Turnaround (RESET) Development Policy Operation (DPO) is designed to support reforms aimed at improving economic governance, enhancing growth and competitiveness , and protecting the poor and vulnerable. The operation focuses on strengthening economic governance to create a stable macroeconomic environment and restore investor confidence through key reforms. Doing so is vital to boosting economic growth, creating jobs, and ensuring that everyone benefits from a stronger, more resilient economy."

Source: Sunday Times October 07, 2024 11:02 UTC