The World Bank says Sri Lanka’s economy is recovering faster than expected, but about one-third of the population remains poor or vulnerable to poverty.
David Sislan, the World Bank’s Country Director for Sri Lanka, Maldives, and Nepal, made the statement during the release of the Sri Lanka Development Update.
He emphasized the need for job-creating policies and targeted support for the poor to ensure the recovery benefits everyone.
The report, titled “Stay on Track,” acknowledges positive economic growth and fiscal improvements but warns of ongoing challenges.
The World Bank stressed that inclusive policies are key to sustaining Sri Lanka’s recovery and protecting the most affected communities.
