#World Bank
World Bank warns US tariffs could slash Sri Lanka’s garment exports by 12%, World Bank warns
Sri Lanka’s ready-made garment (RMG) sector faces a sharp challenge as a 20% tariff imposed by the United States could reduce the country’s...
Sri Lanka’s labour force participation still below pre-crisis level, says World Bank
Sri Lanka’s much-touted economic recovery has so far failed to restore labour force participation (LFP) to pre-crisis levels, with women and urban workers...
Sri Lanka’s recovery remains fragile as poverty persists – World Bank
Sri Lanka’s recovery from its worst financial crisis in decades remains fragile, incomplete, and deeply unequal, a new report by the World Bank...
World Bank warns of major youth employment gap in Sri Lanka
Sri Lanka is expected to see nearly one million young people enter the workforce over the next decade but only around 300,000 new...
World Bank projects Sri Lanka’s growth to slow to 3.5% in 2025
Sri Lanka’s economic recovery remains fragile, with growth projected to decelerate to 3.5 per cent in 2025, reflecting the lingering effects of the...
World Bank warns of worst global slowdown since 2008
The world economy is heading for its worst year since the 2008 financial crash, the World Bank has predicted, as most major economies...
Sri Lanka requires more effort to reduce poverty, boost medium-term growth – World Bank
The World Bank’s bi-annual Sri Lanka Development Update, titled Staying on Track, highlights that despite the positive growth and fiscal performance, significant challenges...
NPP govt will take largest loan in country’s history – AKD
President Anura Kumara Dissanayake says that Sri Lanka will receive the largest loan ever given to the country by the World Bank this...
