This results-based country strategic opportunities programme (COSOP) for Sri Lanka covers investment possibilities from 2015 to 2020.

It has been developed against the backdrop of the country’s rapidly changing development context and its trend towards becoming a middle-income country (MIC).

The COSOP supports government efforts to keep the fiscal deficit at a desirable level, achieve a debt-to- GDP ratio of 60 per cent by 2020, and improve the balance of payments.

It builds on IFAD’s self-assessment of country programme performance over the last ten years; the findings of a project impact evaluation conducted by IFAD’s Independent Office of Evaluation; and broad-based consultations with government institutions, bilateral donors, multilateral agencies, the private sector, civil society and rural people themselves.