Sri Lanka launches AgriConnect plan with $665 million in development financing
Sri Lanka, Oct. 31 -- The Government of Sri Lanka, together with the World Bank Group and the International Fund for Agricultural Development (IFAD), has launched the Sri Lanka AgriConnect Joint Implementation Plan, aimed at upgrading the country's agrifood sector, generating employment and improving food security.
Prime Minister Dr. Harini Amarasuriya said the initiative reflected the Government's intention to move beyond a commodity-based agricultural model towards one focused on value addition, quality employment and expanded economic opportunities for rural communities.
"Sri Lanka is committed to transforming our agrifood sector from one that primarily produces commodities to one that creates greater value, better jobs and stronger ...
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