The Development Academy of the Philippines (DAP), the focal organization for the APO Center of Excellence on Public-Sector Productivity, continues its in-depth exploration of governance dynamics across APO member economies. In this edition, we delve into Sri Lanka’s evolving public
According to a World Bank press release dated 22 January 2025, Sri Lanka is making strides toward economic recovery and long-term growth through strategic reforms and targeted investments. The government has prioritized poverty reduction, digital development, and sustainability, with a strong commitment to fostering rural development and expanding renewable energy initiatives.
The World Bank has reaffirmed its support for Sri Lanka through projects that aim to improve education, support rural communities, and establish a facility to attract private investment in renewable energy. Fiscal priorities also include enhancing the tourism sector, developing lagging regions—particularly in the North—boosting logistics as a driver of growth, and improving overall governance and service delivery.
The COE-PSP Factsheet for Sri Lanka presents a concise yet comprehensive snapshot of the nation’s public sector, highlighting key metrics such as economic indicators, budget allocations, and public service performance. By synthesizing critical data on governance, fiscal management, and service delivery, this factsheet offers invaluable insights into Sri Lanka’s development priorities and challenges as it transitions from recovery to sustained, inclusive growth.
