IPS Policy Engagement Forum Discusses Issues Related to Poverty and Social Welfare in Sri Lanka

14 February 2019
IPS, Colombo

Sri Lanka has made remarkable progress in poverty reduction over the years, both at the national and sub-national levels. Over the past decade, the poverty incidence has decreased from 15.2% in 2006/07 to 4.1% in 2016. However, there is much room for improvement. There are poverty pockets and significant income inequalities in the country.

Against this backdrop, IPS organised a Policy Engagement Forum on Poverty and Social Welfare, to bring together public sector officials, representatives from international organisations, non-governmental organisations (NGOs), the private sector, and the academia, on 14 February 2019. This is part of a series of Policy Engagement Forums organised by the IPS to make stakeholders aware of IPS research, identify research gaps and new research areas, and explore possibilities of collaborative research oriented towards policy.

Speaking at the forum, IPS Research Fellow, Ganga Tilakaratna, noted that it is important to focus on disaster risk related vulnerabilities, given the increasing incidence of climate-related extreme events. She also highlighted the potential of digital financial services / FinTech in improving financial inclusion. In addition, IPS research on Poverty and Social Welfare Policy has probed issues related to social protection, Sustainable Development Goals (SDGs), and inequality.