IFC’s country strategy for Sri Lanka for FY13-15 focuses on:
(i) Inclusive growth by increasing access to services for the underserved; and
(ii) Global integration by enhancing growth and competitiveness of priority sectors.
By working closely with the private sector, the Government, and the World Bank, IFC uses a combination of Investment and Advisory services to:
Create growth opportunities for micro, small and medium sized businesses;
Make strategic investments to increase access to financial services, build infrastructure; improve healthcare and develop key sectors such as agribusiness and tourism; and
Improve the investment climate to promote private sector participation in infrastructure, and make it easier for businesses to start and operate.
In addition, IFC is developing the implementation plan for a project in four districts in the North and East of Sri Lanka. The project is aimed at supporting the transition from recovery to development in these districts and bridging the gap with the more developed areas of the country.
IFC’s Advisory Services Program in Sri Lanka is made possible through donor funding from the Norwegian, Irish, Dutch and Japanese governments, in addition to funding from IFC’s own resources.