COLOMBO: The World Bank Group said it has approved US$700 million in financing for two operations to help Sri Lanka implement foundational reforms.The World Bank Group’s Board of Executive Directors discussed the new Country Partnership Framework (CPF) for Sri Lanka, which aims to help restore economic and financial sector stability and build a strong foundation for a green, resilient, and inclusive recovery, it said in a press release on Wednesday, reported Xinhua.The CPF, which covers the years from 2024 to 2027, lays out a two-phased approach that starts with a focus on urgent macro-fiscal and structural reforms and supports protecting the human capital and the most vulnerable population
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