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#World Bank

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Sri Lanka

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

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

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...

Sri Lanka

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...