Investing in rural people in Sri Lanka

IFAD is one of Sri Lanka’s longest-standing development partners. In 1978, the Kirindi Oya Irrigation and Settlement Project was launched as IFAD’s first investment in the country. Today, IFAD continues to actively engage in Sri Lanka, with investments aimed at contributing to the achievement of the SDGs, specifically in the areas of food security, sustainable agricultural production and productivity, and improved income opportunities for rural households.

©IFAD/G.M.B. Akash

Eradicating rural poverty in Sri Lanka

Towards the end of 2017, the government launched Sri Lanka’s Vision 2025, outlining a comprehensive economic strategy to address constraints to growth, raising per capita income to US$5,000 per year and creating 1 million new jobs.

IFAD’s strategy in Sri Lanka

IFAD is one of Sri Lanka’s longest-standing development partners. In 1978, the Kirindi Oya Irrigation and Settlement Project was launched as IFAD’s first investment in the country. The goal was to increase food production, provide employment opportunities and raise rural incomes. Altogether, IFAD has implemented 18 projects in Sri Lanka, benefiting 614,832 households at a total cost of US$590.6 million (with IFAD providing US$337.9 million in financing). Today, IFAD continues to actively engage in Sri Lanka, with investments aimed at contributing to the achievement of the SDGs, specifically in the areas of food security, sustainable agricultural production and productivity, and improved income opportunities for rural households.

Ongoing operations

Smallholder Tea and Rubber Revitalization Project (STaRR)

IFAD is a specialized agency of the UN dedicated to eradicating poverty and hunger in rural areas of developing countries

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