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Sri Lanka Moving from Stabilization to Growth - MSG - P502796
Details
Location:
Sri Lanka
Status:
Formulation
Sectors:
Macro-Economy & Public Finance, Social Development, Agriculture & Rural Development
Languages:
English
Contracting authority:
Funding Agency:
Eligibility:
Unknown
Budget:
USD 30,000,000
Date posted:
Jul 1, 2024
Description
Project ID: P502796 Project Title: Sri Lanka - MSG Country: Sri Lanka Region: South Asia Fiscal Year: 2026 Borrower: N/A Implementing Agency: N/A Abstract:
Hidden
Contact Details • 1
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tender Background
About the Funding Agency
The World Bank (USA) is part of an international financial agency that makes loans and grants to governments in low- and middle-income countries to fund capital projects. The United States was a driving force behind the founding of the World Bank in 1944 and it is still the World Bank's largest shareholder today.
The United States contributes to tackling critical international development concerns through the World Bank Group and has a long history of generously supporting the objectives of the World Bank Group and has been a champion of the International Development Association (IDA) which provides low-interest loans and grants to the world's poorest countries. The key U.S. priorities at the World Bank include a multilateral health and economic response to COVID-19, debt sustainability and transparency, promoting governance and fighting corruption, ending energy poverty and supporting a strong emphasis on accountability, transparency and development impact.
About the Sectors
Macro-Economy & Public Finance
Includes initiatives that support macroeconomic stability, sound fiscal policy, and effective management of public financial resources.
Key areas:
- Macroeconomic analysis and policy support
- Public finance management (PFM)
- Government budgeting, taxation, and debt management
- Economic growth and development strategies
Social Development
Includes measures for improving well-being, inclusion, and resilience of individuals and communities through social services and protection systems.
Key areas:
- Social inclusion and social cohesion programs
- Social protection systems and safety nets
- Social care services
- Community development and vulnerable groups support
Locations
Sri Lanka
Sri Lanka has invested in ports, highways, airports, and energy projects to position itself as a regional logistics and maritime hub. Large-scale infrastructure expansion has been supported by foreign borrowing and international partnerships. However, recent economic crises and debt restructuring have constrained new project implementation. Fiscal stabilization, governance reform, and debt sustainability are critical for restoring infrastructure momentum.
Nr. of tenders: 15478
Nr. of grants: 2773
Nr. of donors: 512
Nr. of jobs: 23
Nr. of tenders: 15478
Nr. of grants: 2773
Nr. of donors: 512
Nr. of jobs: 23
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