Srilanka, Sept. 21 -- The World Bank Group has pulled in more private capital this year than at any point in its history, a shift that carries real relevance for import-reliant, foreign-exchange-constrained economies like Sri Lanka looking to attract investment beyond traditional aid channels.
Private capital mobilized by the Group more than tripled over the past four years, climbing from $35 billion in FY22 to $112 billion in FY26. Add that to the Bank's own financing, and total support flowing into developing economies this year topped $200 billion.
The growth wasn't limited to a handful of large markets. Mobilization to lower-middle-income countries, the bracket Sri Lanka itself falls into, rose from $14 billion to $37 billion over the...