Sri Lanka, Jan. 25 -- The International Finance Corporation (IFC), a member of the World Bank Group, today announced a high-impact investment program of US$ 166 million to support Sri Lankan businesses and accelerate the country's transition from economic stabilization to sustainable growth.

This, according to IFC, reinforces its longstanding commitment to Sri Lanka's private sector.

The comprehensive country-level financing package aims to expand financial access for small and medium-sized enterprises (SMEs), with a focus on empowering women-owned businesses and the agri-business sector, IFC said in a statement. By targeting these key areas of Sri Lanka's economy, the financing seeks to drive inclusive growth and unlock job opportuniti...