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.