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Sri Lanka

Projects
2021
Sri Lanka’s Digital Financial Transformation: Sharing Best Practices in the Fintech Ecosystem („FintechEco“)
Year
2021
Sector of assistance
Digitalisation and Innovation, Good governance
Project countries
Sri Lanka
Allocated funds
4 000
Project goal

Deepening the experience of Sri Lankan financial institutions in building an ecosystem in the Fintech sector, providing the most important knowledge for strengthening and developing the Fintech community, based on Lithuanian good practice.

Diplomatic Mission Project

Project results
  • Quality content for the transfer of experience, adapted to local conditions and the ongoing implementation of initiatives ensured;
  • The participants of the project were provided with the most important knowledge of the strengthening and development of the Fintech community, based on the best practices of Lithuania.
  • The foundation was laid for further cooperation between Lithuanian and Sri Lankan financial institutions and business development in both countries.
Implementing organization
Association "INFOBALT"
Development cooperation with Sri Lanka

The strategic objectives of Lithuania's development cooperation policy have been determined based on the needs of Sri Lanka, the Programme of the Government of the Republic of Lithuania, and the priorities of the European Policy.

Assistance to Sri Lanka

Lithuania has been implementing development cooperation projects in Šri Lanka since 2021.

In 2021, one project was implemented in Sri Lanka with the funds of the Development Cooperation and Democracy Promotion Programme, for which 4000 euros were allocated. Project focused on administrative and institutional capacity building (digitalization).

Humanitarian Aid

In 2017, Lithuania allocated 10 000 Eur for humanitarian assistance to Sri Lanka.

In 2016, Lithuania allocated 10 000 Eur to UN World Food Program (WFP) for the victims of natutal disaster in Sri Lanka.

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