World Bank Group

10/01/2025 | Press release | Distributed by Public on 10/02/2025 04:51

Social Protection Project - P178973


Sri Lanka has fallen into an economic crisis, caused by an inability to finance its external obligations. This crisis hasmanifested in liquidity constraints and rising prices of fuel and food, and has precipitated a political crisis and social unrest.The combined economic and political crisis has severely reduced living standards in Sri Lanka, and the situation may worsen incoming months. This project will contribute to the World Bank's emergency...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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