Sri Lanka

Inclusive Growth through Better Governance and Partnerships

Growth in the Asia and Pacific region is strong, but growth alone is not enough for the region to succeed in an era of global change, ADB's President said in his annual address to the Board of Governors. Read More

Governors' Seminar: How Can Asia Respond to the Global Economic Crisis

A global slowdown can have spillover effects on Asia's economies. How can the region rebalance, diversify and ensure everyone benefits from the boom? Read More

ADB Secures $12.4 Billion for Asian Development Fund

The funds will help improve the lives of millions of Asia's poorest through inclusive, sustainable growth. Read More

Sri Lanka’s Economy Shows Continued Strong Growth – ADB Report

Sri Lanka’s economy grew at 8.3% in 2011, says ADB's Asian Development Outlook 2012, as the country continued to absorb the benefits of ending the long-running civil conflict in May 2009. Read More

Overview

Sri Lanka is now categorized as a middle-income country, and as such needs to reorient its planning and policy framework to suit the requirements of a middle-income country, drawing on the experiences of other Asian countries, and international best practices.

ADB will enhance its assistance by helping the government address major policy issues and institutional strengthening initiatives. As the economy becomes more integrated with the external economy, key macroeconomic and microeconomic management policy issues will need to be addressed over the country partnership strategy, 2012–2016.