COLOMBO (News 1st) – The World Bank, in its Sri Lanka Development Update (SLDU), emphasizes that the first step the country should is to determine the current needs of the population in a transparent and unbiased manner.
The document, which reports on key developments over the past 12 months in Sri Lanka’s economy, underlines that Sri Lanka is currently facing an unprecedented macroeconomic crisis, as years of fiscal indiscipline and risky commercial borrowing have led to unsustainable levels of public debt.
The World Bank emphasizes that in order to determine the current needs of the population in a transparent and an unbiased manner, the government will have to collect data on households receiving or needing assistance, sufficient to ensure they are properly identified and that assistance to the poorest is prioritized.
Accoridngly, the data will be collected by government officials on mobile devices, using a secure process and with a transparent grievance and appeals mechanism.