Sri Lanka and ADB
In the Spotlight
Gearing Up for Competitiveness: The Role of Planning, Governance, and Finance in Small and Medium-sized Cities in South Asia
Local government must play a proactive role in supporting a city’s economic strength, by driving local economic development planning, understanding its role in the region, and aligning its development policies, plans, and investments.
Quality data are critical to tracking progress towards the new Sustainable Development Goals. ADB is working with governments to improve data collection through simple technology.
The changing economic structures in many countries in South Asia and the growing demand for agricultural products have increased the potential for regional trade and investments in this sector.
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.
Projects in Sri Lanka
- Northern Province Sustainable Fisheries Development Project
- Green Power Development and Energy Efficiency Improvement Investment Program - Tranche 2
- Expressway Connectivity Investment Program - Facility
- Jaffna and Kilinochchi Water Supply Project-Additional Financing
- Trincomalee Integrated Urban Development Project
Population living below the national poverty line in Sri Lanka (2013)
Population in Sri Lanka, in millions (2015)
Average annual population growth rate in Sri Lanka (2010-2015)
Maternal mortality ratio in Sri Lanka, per 100,000 live births (2015)