WB says deeply concerned about SL

The World Bank (WB) expressed its deep concerns on the ongoing economic crisis in Sri Lanka, especially its impact on the livelihoods of the people.

WB South Asia Vice President Hartwig Schafer took to Twitter earlier this week to share the observations of the agency.

“We, at the World Bank, are deeply concerned about the impacts of the crisis on the poor and vulnerable and stand ready to provide emergency support for essential medicines and health-related supplies, nutrition and education,” tweeted Schafer.

While expressing concerns on the ongoing economic turmoil in the country, he said the agency had a “good” meeting with Finance Minister Ali Sabry and Central Bank Governor Dr. Nandalal Weerasinghe in Washington DC.

Top officials of the Finance Ministry and Central Bank are currently in Washington DC for discussions with the International Monetary Fund.

The WB Vice President discussed with the Sri Lankan delegations on the actions that could be taken to address the economic crisis, support stabilisation, recovery and protect the vulnerable people.