World Bank Group targets 1mn jobs for youth with US $ 3.2bn financing and private capital push
Sri Lanka, June 23 -- The World Bank Group has unveiled a comprehensive economic roadmap for Sri Lanka, committing billions in funding and capital mobilisation over the coming years, to tackle a looming youth employment crisis and pivot the island nation from stabilisation to a sustainable, private-sector-led recovery.
Speaking at a national forum titled 'Sri Lanka's Next Chapter: Jobs, Growth and Opportunity', held at Trace Expert City yesterday, World Bank Group Country Manager for Sri Lanka Gevorg Sargsyan laid bare the sheer scale of the challenge by invoking a vivid local comparison.
"Think about Premadasa Stadium. It's huge. It holds 35,000 people. Now, imagine full 30 Premadasa Stadiums. This is the number of people that will b...
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