Current Affairs - International - Discussion

The International Finance Corporation (IFC) has launched a $166 million initiative aimed at boosting Sri Lanka’s economic growth through enhanced support for small and medium enterprises (SMEs). The programme specifically targets women-owned businesses and the agriculture sector, aiming to promote inclusive growth, generate employment, and strengthen economic resilience in underserved communities. By facilitating access to financing and resources, this initiative helps Sri Lanka transition from economic stabilization efforts to sustainable, broad-based development, highlighting the role of international financial institutions in supporting emerging economies.