Sri Lanka: Rural Finance Sector Development Program

Evaluation Document | 18 December 2013
Validates the completion report's assessment of the program which aims to establish a sustainable rural finance system through policy, legal, regulatory and institutional reforms in Sri Lanka. IED overall assessment: Less than successful

A sustainable rural finance system emphasizing a financial system development approach wherein rural finance market development is placed within the broader perspective of finance sector development was critical to building a more vibrant rural economy. Greater efficiency in delivering rural financial services realized by a sustainable rural finance system would reduce transaction costs and help make rural finance institutions and rural enterprises viable, and thus contribute to creating jobs, expanding income, and reducing poverty. In view of this, the Rural Finance Sector Development Program was conceived to establish a sustainable rural finance system through policy adjustments, and improve the operations of rural finance institutions.

This report validates the completion report's assessment of the project. IED overall assessment: Less than successful

Contents 

  • Project Basic Data
  • Project Description
  • Evaluation of Performance and Ratings
  • Other Performance Assessments
  • Overall Assessment, Lessons, and Recommendations
  • Other Considerations and Follow-up