Sri Lanka, May 7 -- The World Bank Group has unveiled a USD 1 billion initiative aimed at driving job creation and unlocking private sector growth in Sri Lanka over the next three years.

The funding will target key sectors with significant potential for employment and investment, including energy, agriculture, tourism, and regional development.

This announcement follows a meeting between President Anura Kumara Dissanayake and World Bank Group President Ajay Banga, marking the first visit by a World Bank President to Sri Lanka in nearly two decades.

The visit underscores the Bank's renewed commitment to supporting Sri Lanka's economic recovery and long-term growth.

President Anura Kumara Dissanayake welcomed the initiative, describing ...