Sri Lanka, April 7 -- The Asian Development Bank (ADB) reaffirmed its commitment to supporting Sri Lanka to achieve economic prosperity and sustainable growth at the launch of its Country Partnership Strategy 2024-2028 (CPS) for Sri Lanka in Colombo.

ADB Country Director for Sri Lanka, Takafumi Kadono said that President Ranil Wickremesinghe's recent statement on Sri Lanka needing to be more competitive to achieve economic success resonates deeply with the ADB.

"What we try to do through the CPS is to bring the country to that level, to make it more competitive through the CPS's three strategic objectives," he said.

The three strategic objectives are: Strengthening

public financial management and governance, fostering private sector d...