The World Bank President Ajay Banga, who is currently on a visit to this country, has issued a statement saying that the World Bank will provide an aid package of one billion US dollars to Sri Lanka.
This statement was issued after a meeting held last Wednesday (07) afternoon at the President’s Office between the President of the World Bank Group, Ajay Banga, and President Anura Kumara Dissanayake.
“A billion dollar aid package from the World Bank”
Issuing a statement, the World Bank Group stated that arrangements will be made to provide this aid package over three years, targeting sectors with high potential for jobs and investment such as energy, agriculture, tourism, and regional development.
According to the statement, the World Bank estimates that nearly one million youth will enter Sri Lanka’s labour force in the next decade, but only about 300,000 jobs are projected to be created during that time.
