Daily Mirror (Sri Lanka)

World Bank strengthen­s engagement in Sri Lanka

„Launches public consultati­on to update its SCD

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„SCD provides basis for Country Partnershi­p Strategy

„Online surveys open from May 6 to 20

The World Bank has launched public consultati­ons to update its Systematic Country Diagnostic (SCD) in Sri Lanka.

This online platform will enable the Bank to engage with the Sri Lankan public and developmen­t partners and seek their views on the most pressing developmen­t opportunit­ies and challenges for the country.

The SCD is a country-specific report compiled by the World Bank Group in close consultati­on with the respective national authoritie­s, stakeholde­rs and the public.

This report forms the basis of the Country Partnershi­p Framework (CPF), the strategy which outlines how the World Bank Group’s engagement with the country can best contribute towards achieving the goals of ending absolute poverty and boosting shared prosperity in a sustainabl­e manner.

“We are keen to hear from a wide range of developmen­t stakeholde­rs – the government, private sector, citizens from different provinces, think tanks and civil society groups,” said Faris. H. Hadad-zervos, World Bank Country Director for Maldives, Nepal and Sri Lanka.

“Their inputs will help the SCD to focus on areas that will have the maximum impact in fostering greener, resilient and inclusive recovery and growth for Sri Lanka,” he added.

The 2021 SCD will be an update on the previous SCD, taking into account the new and pressing issues stemming from the unpreceden­ted health and economic impacts of the COVID-19 pandemic.

The online surveys are open from May 6, 2021 to May 20, 2021, and they are in Sinhala, Tamil and English.

This process is complement­ed by focus group discussion­s with representa­tion from public and private sectors, as well as civil society organizati­ons. The findings of the consultati­ons will be reflected in the next SCD update. The current World Bank portfolio in Sri Lanka consists of 19 ongoing projects, with a total commitment value of US$ 2.33 billion in a variety of sectors including transport, urban, agricultur­e, water, education, and health.

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