Thursday, August 4, 2016

Supporting Sri Lanka's Economic Reforms with $100 Million

Supporting Sri Lanka's Economic Reforms with $100 Million

The World Bank Board has approved a $100 million credit from the International Development Association (IDA)to support the Government of Sri Lanka's economic reform program.

Sri Lanka has been making steady progress on economic reforms, with the government aiming to create one million new jobs through a reform package focused on improving the country’s competitiveness, transparency and macroeconomic stability. A recent World Bank study, the Systematic Country Diagnostic, highlighted the need for Sri Lanka to move from a largely inward looking and public sector driven economy to one that is capable of unleashing the potential of the private sector – leading to post-conflict economic growth and creating more and better jobs for Sri Lankans.  

So let's do:
1. Name the bank, which approved a $100 million credit from the International Development Association (IDA) to support the Government of Sri Lanka's economic reform program?

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