Portfolio Review meeting on World Bank(WB) funded projects was conducted on 02 nd & 03 rd March, 2017 at “Miloda”-Academy of Financial Studies, Colombo 01 under the Co-chairmanship of Mr. M. I. M. Rafeek, Secretary, Ministry of National Policies and Economic Affairs (MNP&EA) and Mr. R. Paskaralingam, Advisor to the MNP&EA. This was organized by the Department of Project Management & Monitoring in collaboration with the WB Colombo Office.
In this occasion, Ms. Idah Z. Pswarayi-Riddihough, Country Director, World Bank Office for Sri Lanka & Maldives, Ms. Marjory Anne Bromhead, Consultant, World Bank and a team of WB officials from Colombo Office were participated. Officials from relevant line Ministries, Treasury Departments and other key Departments come under the MNP&EA as well as Project Directors and relevant officials from Project Management Units were also participated in this event.
Eleven (11) projects which are in implementation stage were reviewed in this meeting while 04 new projects which are in initial stage were also briefly discussed with special attention focused on physical and financial performance and implementation issues. Throughout several decades World Bank’s assistance extended to improve living standards of Sri Lanka, especially to enhance social inclusion and equitable access to public services was greatly appreciated in this occasion emphasizing the necessity of due commitment of officials to ensure results as expected by the Government and the donor.