Sri Lanka and ADB
In the Spotlight
An ambitious and wide-ranging project helped return a sense of normalcy to an estimated one million conflict-affected people in Sri Lanka. Read this and more stories from Together We Deliver 2015, a publication highlighting successful projects that demonstrate development impact, best practices, and innovation across Asia and the Pacific.
Stories of perseverance, determination and hard work from a remote island in the Maldives archipelago, a village nestled in Bhutan's Himalayas region, and the post conflict districts in the North of Sri Lanka, are brought together by ADB's vision of a poverty-free Asia.
This year Sri Lanka's economy is projected to recover as private sector investment picks up in response to fiscal reform. The new Asian Development Bank report says that GDP growth will rise to 5.3% in 2016 and will reach 5.8% in 2017.
ADB continues to support Sri Lanka in new areas such as private sector development, knowledge solutions, and development of advanced infrastructure as the country transforms into an upper-middle-income country.
Sri Lanka is entering a new stage of development and, within a few years, will be ready to reach upper-middle-income status. The country’s new government - which was formed following the presidential and general elections in January 2015 and August 2015, respectively - is focused on inclusive growth, good governance, and private sector development.
The ADB interim country partnership strategy for Sri Lanka is assisting the country’s drive toward inclusive growth.
Read the ADB and Sri Lanka fact sheet.
Projects in Sri Lanka
Average annual population growth rate in Sri Lanka (2010-2015)
Population living below the national poverty line in Sri Lanka (2013)
Maternal mortality ratio in Sri Lanka, per 100,000 live births (2015)
Population in Sri Lanka, in millions (2015)