Locked out of global financial markets Sri Lanka has required loans from multilateral lenders like the World Bank for government budget expenditure and welfare spending. In June 2023 the World Bank approved a $700 million loan, disbursing the last $200 million tranche of that, in October 2024. Here the World Bank Group’s Country Manager for Sri Lanka Gevorg Sargsyan discusses Sri Lanka’s economic recovery and the bank’s role.
Echelon Studio