Published on: February 28, 2023

World Bank’s continuous support to Sri Lanka’s Development Reform Program

Representatives from the World Bank stated that the World Bank will continue to support Sri Lanka’s development reforms program.

They stated that the World Bank will provide technical assistance in the drafting of laws for development policy operations, as well as work to provide additional guidance and support regarding the use of international media and welfare benefits.

The delegation including the Vice President of the South Asian Region of World Bank, Martin Raiser, met President Ranil Wickremesinghe at the Presidential Secretariat today (28).

The World Bank Development Policy Operational Program was fully investigated and the President and World Bank representatives commented on its progress.

Improving financial supervision and credit management, improving tax administration, sovereign-financial sector linkages and reducing systemic risks; maintaining stability and confidence in the banking sector, restructuring and divestment, reducing policy uncertainty and increasing competitiveness in the economy, mobilizing private capital and competition in the broadband market, strengthening the social security institution, delivery system and targeting was discussed.

World Bank’s Country Director for Sri Lanka Faris H Hadad-zervos, World Bank’s Country Manager for Maldives and Sri Lanka Chiyo Kanda, International Finance Corporation(IFC) Country Manager Sri Lanka and Maldives Alejandro Alvarez de la Campa, Advisor of the World Bank in Sri Lanka Husam Abudagga, World Bank representatives, President’s Senior Advisor on National Security and President’s Chief of Staff Sagala Ratnayake, President’s Secretary Saman Ekanayake, Finance Ministry Secretary Mahinda Siriwardena, President’s Senior Advisor on Economic Affairs Dr. R.H.S. Samaratunga, Central Bank Governor Nandalal Weerasinghe and other officials participated in the event.


The Presidential Media Division is fully responsible for socializing the views, actions, decisions and statements of His Excellency the President through the media. Electronic, print and new media will contribute to this through a credible and engaging approach.

The media department works as a source of information on the subject of the President’s vision and mission by maintaining good coordination with public and private media organizations and journalists.

National policies, plans and measures are explained to the people through the use of high quality media. Identify the fallacies and reveal the truth.