
Sri Lanka faces a historic opportunity to evolve from a lower-income country mired in conflict, to a middle-income country in lasting peace.
The International Development Association (IDA), the World Bank’s fund for the world’s poorest countries, is ready to work with the government and all stakeholders to support Sri Lanka’s dual transition towards peace and prosperity.
Until now, Sri Lanka’s growth had been constrained by three decades of conflict despite the country’s highly educated population. The ending of the armed conflict with the separatist Liberation Tigers of Tamil Eelam (LTTE) in 2009 provides an opportunity for the country to embark on reforms and work with the private sector to establish a more dynamic and vibrant economy.
Download 7-page brief:
Supporting the Dual Transition to a Middle Income Country in Lasting Peace - July 2009 (PDF)