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2 sources1h ago

World Bank mobilizes record USD112 Bn in private capital, with lessons for economies like Sri Lanka

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 tra

Hiru News - English•14h ago
World Bank mobilizes record private capital for developing countries
By Hiru News English
Read full article

Summary

Private capital mobilized by the World Bank Group has more than tripled over the past four years, rising from $35 billion in FY22 to $112 billion in FY26. This growth was led by the World Bank Group Guarantee Platform. We changed how we work to do that-faster, simpler, and as one World Bank Group," World Bank Group President Ajay Banga said.

Summarised from Hiru News - English

What this story is about

People
  • Ajay Banga2
Organisations
  • Private Sector Investment Lab2
  • World Bank Group2
  • World Bank2
Places
  • Africa2
  • United States
  • Sri Lanka
Keywords
  • mobilizes2
  • capital2
  • record2
  • developing
  • countries
  • economies
  • mobilized
  • lessons
  • usd112
  • like

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  • World Bank mobilizes record USD112 Bn in private capital, with lessons for economies like Sri LankaLanka Business Online·1h ago
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