Sri Lankan Gov't Establishes Fund to Support Post-Cyclone Recovery
7 Articles
7 Articles
Management Committee appointed for 'Rebuilding Sri Lanka Fund' - Financal Chronicle
The Cabinet of Ministers has approved the establishment of the ‘Rebuilding Sri Lanka’ Fund, which aims to rebuild the country after the immense damage caused by Cyclone ‘Ditwa’, one of the worst natural disasters in Sri Lanka’s recent history. Minister of Labour and Deputy Minister of Finance and Planning, Dr. Anil Jayantha Fernando, will serve as its Chairman, while Senior Additional Secretary to the President, G.M.R.D. Aponso will serve as the…
Sri Lanka to receive $890,000 in emergency support from the United Kingdom
The United Kingdom has announced that it will provide $890,000 (£675,000) in emergency humanitarian aid to Sri Lanka. Sri Lanka is beginning to rebuild after the severe damage caused by Cyclone Ditwah, which struck communities hard and left many people in need of support. The UK’s assistance will focus on helping those most affected by the cyclone. The aid will be delivered in partnership with the Red Cross, the United Nations in Sri Lanka, and …
Sri Lanka to start disaster recovery fund, World Bank to assess Ditwah damage
ECONOMYNEXT – Sri Lanka will set up recovery fund with joint public and private sector representatives, to rebuild infrastructure with the World Bank tasked with assessing the Cyclone damage, a statement from the President’s office said. The government has begun discussions with the World Bank to prepare a detailed assessment of the damage across sectors and the financial requirements for reconstruction. The World Bank has been commissioned to c…
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