World Bank Group Archives

January 22, 2024

Colombo, Sri Lanka, January 22, 2024—IFC, a member of the World Bank Group, has appointed Imad N. Fakhoury as Regional Director for South Asia. Based in New Delhi, Fakhoury will spearhead IFC’s strategy and operations, while reinforcing relationships with the private sector, governments, and regional partners to boost impactful development outcomes in the region. […]

December 3, 2020

Colombo, Sri Lanka, December 3, 2020—Annual revenues for ride-hailing in Sri Lanka could increase by more than a quarter if gaps between men and women’s ridership were closed, according to Sri Lanka’s first-ever study on women’s role in the country’s ride-hailing industry. The study ‘Women and Ride-hailing in Sri Lanka’ was conducted as part of […]

October 30, 2020

Washington, D.C., October 30, 2020—IFC’s pandemic response is focused on reaching the most vulnerable people in developing countries. Of the $8 billion in IFC COVID-19 fast-track financing approved by the IFC Board in March 2020, $4 billion has been committed to date, of which close to half is expected to benefit people […]

IFC Appoints Imad N. Fakhoury as Regional Director for South Asia

More Female Riders Could Boost Revenues for Ride-hailing in Sri Lanka, Finds New IFC Study

IFC Helps Businesses In Poorest Countries Fight Pandemic With $4 Billion In COVID-19 Financing