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Sri Lanka Can Boost its Development Tapping Agriculture and New Technology- World Bank

The World Bank reaffirmed its continued support to Sri Lanka’s growth and development for the benefit of all its people, as World Bank Vice President for South Asia, Hartwig Schafer concluded a four-day visit.

During his visit, Schafer gained a better understanding of the country’s development priorities under the new government and how the World Bank’s financial and knowledge resources can be deployed for maximum impact.

“Technology and innovations will drive Sri Lanka’s future growth,” said Schafer. “During my visit to Kandy and Kegalle districts, I observed how some innovative solutions in transport and water can improve the delivery of public services, and harness the private sector to boost the economy, create jobs, and lift people out of poverty.”

Schafer congratulated President Gotabaya Rajapakse on the recent elections victory and assured the World Bank’s continued support to realize Sri Lanka’s growth and development aspirations. He also met the Prime Minister and Minister of Finance Mahinda Rajapakse and senior government officials including the newly appointed Governor of the Central Bank of Sri Lanka Prof. W.D. Lakshman and the Secretary to the Ministry of Finance, Mr. Sajith Attygalle.