Sri Lanka Country Strategy Note 2023-2024

This Country Strategy Note defines IFAD’s strategic engagement in Sri Lanka for the period of 2023 to 2024 and has been prepared instead of a full COSOP due to the current fluid situation in the country and that there is currently no PBAS allocation for the coming period.

Reflecting the evolving short- and longer-term development challenges facing the rural poor, the strategic objectives are:

1. Rural communities gain greater resilience to shocks and longer-term changes in the climate and economy as they recover from the current economic crisis.
2. Smallholders benefit from sustainable productivity enhancement in more resilient livelihood systems which are effectively connected to markets.

Target groups include:

• smallholder producers and their organizations in domestic crop, livestock and other product value chains and plantation crops;
• landless labourers, particularly in the plantation sector;
• rural youth; and
• women, especially woman-headed households.

In the short term (1-6 months), the objective of this CSN is to complete the two active projects and consolidate its results. In the medium-term (6-24 months), the objective is to disseminate projects’ results, explore potential partnerships and write a COSOP for Sri Lanka for the new period. The possible inclusion of Sri Lanka in IFAD13 will allow new projects to be designed.