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Sri Lanka Public Sector Efficiency Strengthening Project

Abstract*

The development objective of Public Sector Efficiency Strengthening Project for Sri Lanka is to improve transparency and the efficiency of core government and public financial management functions. This project has four components. 1) The first component, Strengthening Allocative Efficiency of Public Investments, Programs and Excise Management, includes following sub-components: (i) Strengthening Public Investment Management and Evaluation; and (ii)...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

To improve transparency and the efficiency of core government and public financial management functions.

Key Details

Project Details

  • P162949

  • Closed

  • Mohan Gopalakrishnan , Fabian Seiderer

  • Democratic Socialist Republic of Sri Lanka

  • Sri Lanka

  • November 1, 2017

  • (as of board presentation)

    December 17, 2019

  • N/A

  • US$ 42.50 million

  • Ministry of Finance,National Audit Office of Sri Lanka

  • South Asia

  • 2020

  • US$ 32.50 million

  • C

  • Not Applicable

  • May 6, 2020

  • Yes

  • BANK APPROVED

  • September 3, 2021

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
EC: European Commission 7.50
International Bank for Reconstruction and Development 25.00
Borrower/Recipient 10.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 25.00
IDA Commitment N/A
IBRD + IDA Commitment 25.00
Lending Instrument
Grant Amount 7.50
Total Project Cost** 42.50

Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of April 30, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
May 6, 2020 IBRD-90190 Loan Cancel 25,000,000.00
Dec 17, 2019 IBRD-90190 Loan Commitment 25,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.