World Bank To Provide USD 700 Million To Assist People Of Sri Lanka

World Bank plans to provide nearly USD 700 million to Sri Lanka. Sri Lanka is experiencing a tremendous foreign currency shortage, which has caused difficulties in importing vital products. World Bank country manager stated her office is also collaborating with other organizations such as Asian Development Bank, Asian Infrastructure Investment Bank, and the UN office, motivating them to "re-purpose" their already engaged initiatives to assist the people of Sri Lanka.