Sri Lanka, Oct. 12 -- . Around a third of the population is either poor or at risk of poverty

. Creating jobs, managing inflation, targeted subsidies and efficient service delivery vital

The World Bank states that addressing pverty which still remains elevated is critical for Sri Lanka's sustainable economic progress as many households yet remain vulnerable and risk falling back into poverty despite some economic recovery in recent times.

Releasing its latest 'Sri Lanka Development Update' last week, the global development partner said that despite a recovery in Sri Lanka's economy in recent times poverty remains significantly elevated.

It said that poverty, although declining, remains twice as high as in 2019. While 22.5% of the popu...