World Bank seeks public input on updated five-year strategy for Sri Lanka

World Bank seeks public input on updated five-year strategy for Sri Lanka
Banking & Financial Services
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Ajay Banga 14th President of the World Bank Group | Official Website

The World Bank Group (WBG) is in the process of updating its Country Partnership Framework (CPF) for Sri Lanka, which will outline the organization's support strategy for the country over the next five years. This update involves consultations with various stakeholders, including government officials, development partners, civil society, think tanks, academia, and the private sector.

The revised CPF aims to guide WBG's support towards fostering job creation through private-sector-led growth. It will focus on three key outcome areas: enhancing the business environment for investment and exports, improving infrastructure and skills for competitiveness, and accelerating job creation in tourism, agri-business, and lagging regions. A cross-cutting priority of resilience to shocks will also be emphasized.

The World Bank Group encourages public participation in this consultation process to gather feedback on whether the strategy focuses on appropriate priorities for Sri Lanka's development. Stakeholders are invited to provide input on how initiatives should be sequenced and prioritized to maximize impact and suggest ways to strengthen partnerships addressing development challenges.

Feedback can be submitted online from July 14 to July 31, 2025. Comments can also be sent via email with "SL CPF Consultations" as the subject line.