Sri Lanka Crisis: World Bank bluntly, no plan to give new financial help to Sri Lanka

The World Bank has said Sri Lanka, which is facing an economic crisis, that it has no plans to finance Sri Lanka at the moment. The World Bank has said that this is not possible until an adequate macroeconomic policy framework is in place in the island country going through a crisis.

International financial institution World Bank has said in a statement that Sri Lanka needs deep structural reforms. The World Bank has said that ongoing reforms in Sri Lanka should be focused on economic stabilization. What are the reasons for the current situation in Sri Lanka? By identifying them, they also need to be removed for the better future of the country. Sri Lanka should adopt a policy of developing flexibly and inclusively to get the country out of the economic crisis.

On the current economic crisis in Sri Lanka, the World Bank has said that it is deeply concerned about the dire economic situation in Sri Lanka and the impact it is having on the people of Sri Lanka. The World Bank has said that to ensure essential items such as medicines, cooking gas, fertilizers, food for school children, and financial assistance to poor families in Sri Lanka, the already issued credit facilities for Sri Lanka in its portfolio are as per the need. making changes.

The World Bank has said that an amount of US $ 160 million has now been released to ensure the availability of essentials in Sri Lanka. Apart from this, there are also separate runs in Sri Lanka to ensure basic facilities, delivery of medicines and food, and tuition discounts to school children.

It has also been said on behalf of the World Bank that we are trying to ensure that the people of the country get the maximum benefit from the public welfare works in coordination with other allies engaged in relief work in Sri Lanka.

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