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Sri Lanka Second Resilience, Stability and Economic Turnaround Development Policy Operation

Abstract*

The development objective of the Second Resilience, Stability, and Economic Turnaround Development Policy Operation for Sri Lanka is to support foundational reforms that restore macroeconomic stability and sustainability, mitigate the impact of current and future shocks on the poor and vulnerable, and support an inclusive and private-sector-led recovery and growth path. This will be achieved through three pillars aimed at: (i) improving economic governance...

* 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 support foundational reforms that restore macroeconomic stability and sustainability, mitigate the impact of current and future shocks on the poor and vulnerable, and support an inclusive and private-sector-led recovery and growth path.

Key Details

Project Details

  • P180549

  • Active

  • Richard Walker , Karina Baba

  • DEMOCRATIC SOCIALIST REPUBLIC OF SRI LANKA

  • Sri Lanka

  • January 31, 2024

  • (as of board presentation)

    September 11, 2024

  • October 16, 2024

  • US$ 0.00 million

  • Presidential Secretariat of Sri Lanka,Ministry of Finance, Economic Stabilization and National Policies

  • South Asia

  • 2025

  • US$ 200.00 million

  • N/A

  • January 31, 2024

  • September 30, 2025

  • BANK APPROVED

  • P179808

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 200.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 200.00
IBRD + IDA Commitment 200.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

Summary Status of World Bank Financing (US$ Millions) as of March 31, 2025

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

Detailed Financial Activity as of March 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.