By Chiyo Kanda , World Bank Country Manager for Maldives and Sri Lanka
COVID-19 has resulted in the worst health, social and economic crisis of our time. From the loss of life and its impact on communities, to the widespread economic instability and job loss, the devastating impacts of the pandem
Sri Lanka is facing an acute economic crisis due to job and earning losses, high food inflation and the country’s dwindling finances, as per the World Bank’s Sri Lanka Development Update (SLDU).
In early 2020 when the first COVID-19 wave swept across Sri Lanka, triggering lockdowns, and impacting livelihoods, the World Bank and the government came together to support emergency response actions across multiple hard-hit sectors, a World Bank news release said. “The result was the creation of the Contingent Emergency Response Components (CERC) Pool covering key […]
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