IFC launches 166 mln USD investment program to boost Sri Lanka's SMEs

COLOMBO, Jan. 25 (Xinhua) -- The International Finance Corporation (IFC), a member of the World Bank Group, announced on Sunday a 166 million U.S. dollar investment program to support Sri Lankan businesses and accelerate its transition from economic stabilization to sustainable growth.

IFC said in a statement that the financing package is designed to expand access to credit for small and medium-sized enterprises